Smaller mortgage lenders are queuing up to take a bigger slice of the the big banks' hefty profits from home loans, as banks are forced to tighten the screws on landlord borrowers.
As Westpac and Suncorp became the latest banks to raise interest rates for investors on Friday, the country's biggest non-bank lender, Firstmac, said it was seeing early signs of a surge in demand for property investors.- Sydney Morning Herald.
