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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Friday 12 July 2019

Westpac eases floor rate

Relaxing

Following on from ANZ yesterday, Westpac will update its floor rate for mortgage serviceability, while maintaining a wide buffer of 250 basis points. 


St. George has also mirrored Westpac's moves. 

ANZ's announced changes could lift borrowing capacity by up to 20 per cent for some borrowers according to experienced brokers. 


Welcome to the recovery!

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