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1–6 of 6 collapsed search results for borrower

RBA Glossary definition for borrower

borrower – A person or entity that incurs a debt to a lender on agreed terms.

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Data and Variables

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
property. Commitments are categorised by either the borrower type (occupier or investor), or by the repayment structure (P&I or IO), or by both. ... Borrowers often receive a discount on the advertised rate, which is more common among large banks than mid
https://www.rba.gov.au/publications/rdp/2021/2021-07/data-and-variables.html

Macroprudential Limits on Mortgage Products: The Australian Experience

26 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
property. Commitments are categorised by either the borrower type (occupier or investor), or by the repayment structure (P&I or IO), or by both. ... Borrowers often receive a discount on the advertised rate, which is more common among large banks than mid
https://www.rba.gov.au/publications/rdp/2021/2021-07/full.html

The Credit Growth Limits

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
The other types included high LVR and high LTI mortgages, IO mortgages, mortgages with very long terms, and mortgages that did not perform well on borrower affordability tests. ... IO mortgages were a concern in part because the lack of amortisation
https://www.rba.gov.au/publications/rdp/2021/2021-07/the-credit-growth-limits.html

Other Mortgage Market Outcomes

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
That is, borrowers who were investors at origination were notifying their bank that they were now occupiers. ... The policy caused incentives for borrowers to do this, to receive a lower interest rate (Section 5.2).
https://www.rba.gov.au/publications/rdp/2021/2021-07/other-mortgage-market-outcomes.html

Introduction

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
The first policy, announced late 2014, required banks to limit their lending to housing investors, or in other words, ‘buy-to-let’ borrowers that will rent out the housing. ... outcomes of interest: banks' LVR distributions (7.1); aggregate credit
https://www.rba.gov.au/publications/rdp/2021/2021-07/introduction.html

Policy Effects of the Interest-only Limit

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
We use investor P&I rates to hold the borrower type constant.) Investor P&I commitments growth picked up throughout 2016, while the investor limit was still in place, and these
https://www.rba.gov.au/publications/rdp/2021/2021-07/policy-effects-of-the-interest-only-limit.html