Search: borrower
RBA Glossary definition for borrower
borrower – A person or entity that incurs a debt to a lender on agreed terms.
Search Results
Overview
6 May 2022
SMP
– May 2022
Fixed borrowing rates have increased broadly in line with bond yields and other market interest rates; however, overall, interest rates remain low for most borrowers in Australia and in other advanced
https://www.rba.gov.au/publications/smp/2022/may/overview.html
Overview
10 Aug 2018
SMP
– August 2018
Lenders continue to compete strongly for low-risk borrowers. Although a few lenders have increased advertised mortgage rates recently, citing the increase in money market rates, others have announced rate reductions
https://www.rba.gov.au/publications/smp/2018/aug/overview.html
Introduction
10 May 2008
SMP
– May 2008
Australian financial intermediaries have experienced increases in funding costs, which have been passed on to borrowers. ... Some tightening in credit standards for more risky borrowers has also occurred.
https://www.rba.gov.au/publications/smp/2008/may/intro.html
Domestic Financial Conditions
7 Aug 2020
SMP
– August 2020
To date, the tightening in supply mostly reflects a greater degree of verification of borrowers' information rather than a tightening in lending criteria. ... As of June, 12 per cent of borrowers had been granted loan payment deferrals.
https://www.rba.gov.au/publications/smp/2020/aug/domestic-financial-conditions.html
Overview
15 May 2017
SMP
– May 2017
to borrowers' circumstances.
https://www.rba.gov.au/publications/smp/2017/may/overview.html
Domestic Financial Conditions
4 Feb 2021
SMP
– February 2021
Outstanding variable rates have continued to drift down since then, reflecting ongoing competition for new high-quality borrowers and the associated effect of the elevated level of borrower refinancing. ... bonuses and commissions) when assessing a
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Overview
10 Aug 2016
SMP
– August 2016
Volatility has since declined to more normal levels. Meanwhile, funding costs for high-quality borrowers remain low.
https://www.rba.gov.au/publications/smp/2016/aug/overview.html
Domestic Financial Conditions
4 Nov 2022
SMP
– November 2022
These data do not capture borrowers negotiating a lower rate with their current lender, which has also increased. ... Most borrowers pay a lot less than the reference rate, as lenders offer discounts.
https://www.rba.gov.au/publications/smp/2022/nov/domestic-financial-conditions.html
Overview
10 Aug 2014
SMP
– August 2014
for some borrowers. ... Over that time, rates paid by borrowers have declined somewhat and, for some borrowers, interest rates have edged lower still over recent months.
https://www.rba.gov.au/publications/smp/2014/aug/overview.html
Overview
4 Feb 2022
SMP
– February 2022
With interest rates at historically low levels, it is important that lending standards are maintained and that borrowers have adequate buffers.
https://www.rba.gov.au/publications/smp/2022/feb/overview.html