Lending rules put brakes on home investors
AS investors feel the pinch of tighter loan regulations, home loans to owner-occupiers are on the rise.
OWNER-OCCUPIERS are flocking back into the property market as tighter lending standards put the brakes on investors.
THE value of loans approved for owner-occupied housing jumped 6.1 per cent in August, while approvals for housing investment slumped 0.4 per cent, the third fall in the past four months.