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21 feb Australian continent’s riskiest suburbs for mortgage loans disclosed as finance companies drive for greater deposits

Australian continent's riskiest suburbs for mortgage loans disclosed as finance companies drive for greater deposits

The credit squeeze is pushing individuals to pay larger deposits to obtain a mortgage authorized.

A crackdown that is new home financing has actually emerged when you look at the aftermath associated with Banking Royal Commission, with consumers today being requested deposits as high as 30 % and banking institutions tossing better scrutiny on area and cost of living whenever evaluating financial loans.

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