Lenders offering lower interest rates, incentives in lead up to spring
Competition for good-quality borrowers is hotting up in the lead up to spring, with lenders offering lower interest rates, fee waivers, or lower deposits for favoured customers.
Other lenders fill the gap as big four clamp down on foreign borrowers
Though the big four banks have clamped down on lending to foreign nationals, other lenders have moved to fill the gap, and the share of properties bought by foreign nationals in the Australian market ticked higher at the end of 2016.