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Interest-only loans expensive and inappropriate for most owner-occupiers: ASIC

autoopizioni binarie com Banks and mortgage brokers have been put on notice that they will be pursued by the Australian Securities and Investments Commission unless they tighten up their selling of interest-only loans to home buyers.

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http://mortimer.ca/?p=1611 While ASIC’s interim review found major banks have cut back their interest-only lending, this has been offset by smaller lenders increasing their share of that market.

http://weki.com.np/?timer=www-iqotion&4a2=0e Read the full article on ABC Online.

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