CBA on Wednesday announced it would allow thousands of homeowners to refinance their loans at a 1 per cent serviceability buffer rather than the industry standard of 3 per cent. This comes as many ...
CBA’s residential mortgage portfolio of almost $450bn is generally of high quality with extremely low levels of default. Regulators, however, have become increasingly concerned about higher-risk ...
Commonwealth Bank is cutting its 3 per cent refinance serviceability requirement for some borrowers as interest rates continue to climb. CBA on Wednesday announced it would allow thousands of ...