Capital city clearance rate remains strong for the first week of Summer at 75 per cent, while the number of auctions has fallen week-on-week
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Clients “less happy” with online brokers
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Commonwealth Bank of Australia and ANZ Banking Group may follow National Australia Bank and Westpac Banking Corp and increase interest rates on investor or interest-only housing loans to prevent them being swamped with mortgage applications that could push them towards the prudential regulator’s investor lending growth cap, bank analysts said.