City West Community Financial Services

Category: Home Loan

25 Jul

Big News ‘mortgage prison’

Image Brendan Esposito/AAPSource:AAP (Via News.com.au) “THOUSANDS of Australians are stuck in a “mortgage prison” with new lending criteria leaving them unable to refinance their loans to get a better rate.  Changes in bank rules around living expenses calculations have effectively wiped huge amounts off the maximum a bank will allow you to borrow.   Many people […]