Renovating for Profit in 7 Easy Steps Register FREE >>
Fri, Dec 29, '17 by Real Estate Investar
Mortgage holders switched $1.2 billion worth of finance from investor loans to owner-occupier in November, according to the Reserve Bank of Australia.
The RBA's monthly financial aggregates released on Friday show that housing credit growth continued to moderate in November, falling to 0.4 per cent from 0.5 per cent in October.
The RBA estimates $61 billion of home loans have been switched to owner-occupier since July 2015.
Join 100,000+ other property investors and subscribe to our blog articles.
Just enter your email address below.
Real Estate Investar helps people create wealth through property investment. We provide everything people need to make successful property investing decisions and grow their portfolios.
Copyright © Real Estate Investar Australia Pty Ltd Privacy.