Lending Trends We'll See In 2018
As the year draws to a close, home loan lender ME outlines five key trends borrowers may encounter in 2018.
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As the year draws to a close, home loan lender ME outlines five key trends borrowers may encounter in 2018.
Trend #1: Home loan repayments to increase
“The financial markets expect the RBA to start putting up rates in 2018,” said ME’s Head of Home Loans Patrick Nolan.
“This means repayments could also increase, typically by $50 for every 25 basis point rise on a $400,000 loan,” he said.
