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Home loan borrowing may become harder

Prospective borrowers have been cautioned to get a home loan while they can.

Some may soon find it tougher to borrow, with major banks expected to quietly turn the screws on who qualifies for a home loan.

Steep price rises across a number of key household items, combined with tougher lending rules, are likely to lead banks to take a more cautious view on how much they lend. Continue reading Home loan borrowing may become harder