Oz Blog News Commentary

Citi panics first, hikes mortgage rates

June 12, 2018 - 13:56 -- Admin

Via the AFR: The Australian division of the global financial powerhouse Citibank has hit the brakes on residential property lending amid growing fears about a housing slowdown and its impact on the broader economy. But the policy change follows repeated warnings by the bank about looming slowdown in the residential and commercial markets and its

The post Citi panics first, hikes mortgage rates appeared first on MacroBusiness.

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