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CBA tightens home loan rules

2015-06-21 11:44:56| Automakers - Topix.net

The country's biggest bank is taking further steps to tighten credit policies for home loan customers, as lenders face pressure to slow growth in the mortgage market. Commonwealth Bank of Australia informed mortgage brokers on Friday of changes that will mean new borrowers' existing debts and their incomes are assessed more stringently.

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