{"id":19665,"date":"2019-06-23T16:50:28","date_gmt":"2019-06-23T04:50:28","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=19665"},"modified":"2019-06-23T16:50:28","modified_gmt":"2019-06-23T04:50:28","slug":"home-buyers-say-getting-loan-approval-is-like-winning-things-or-scoring-first-kiss","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/home-buyers-say-getting-loan-approval-is-like-winning-things-or-scoring-first-kiss\/","title":{"rendered":"Home buyers say getting loan approval is like winning things or scoring first kiss"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Home buyers\u00a0<\/strong><\/p>\n<p>Lending rates and prices may be down but home buyers claim being granted loan approval still feels like a win, comparing the feeling to a wide range of surprising events.<\/p>\n<p class=\"description\">Home buyer hopefuls have described the feeling of getting a loan after a tortuous \u00adapproval process as like \u00adwinning a grand final or kissing a crush for the first time.<\/p>\n<div class=\"story-content\">\n<p>A new survey has found some buyers also likened the experience to winning a raffle or knocking home early from work on a Friday.<\/p>\n<p>Buyers\u2019 elation at getting approval has come amid an ongoing squeeze on credit, where regulators are still putting pressure on banks to impose tighter lending standards.<\/p>\n<p><b>MORE:\u00a0<a href=\"https:\/\/www.realestate.com.au\/news\/regional-nsw-properties-for-the-price-of-a-sydney-apartment\/?rsf=syn:news:nca:dt:spa\" target=\"_blank\" rel=\"noopener\">What you can buy for price of Sydney unit<\/a><\/b><\/p>\n<p><b><a href=\"https:\/\/www.realestate.com.au\/news\/housing-slump-hits-uncharted-territory-in-sydney\/?rsf=syn:news:nca:dt:spa\" target=\"_blank\" rel=\"noopener\">Housing slump hits uncharted territory<\/a><\/b><\/p>\n<p>And the credit crunch has continued despite the Reserve Bank of Australia adjusting the cash rate earlier this month to the lowest level since Robert Menzies was prime minister in the 1960s.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"1ZcitLPuXW\"><p><a href=\"https:\/\/propertynoise.co.nz\/au\/advertisingrates\/\">Advertising Rates<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cAdvertising Rates\u201d \u2014 Property News Australia\" data-src=\"https:\/\/propertynoise.co.nz\/au\/advertisingrates\/embed\/#?secret=MCoh1NAoqN#?secret=1ZcitLPuXW\" data-secret=\"1ZcitLPuXW\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"0\"><\/iframe><\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/home-buyers-say-getting-loan-approval-is-like-winning-things-or-scoring-first-kiss\/news-story\/141cc5dc3bba6d4705d3120a9f6957a2\">NEWS.COM.AU<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Home buyers\u00a0 Lending rates and prices may be down<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/home-buyers-say-getting-loan-approval-is-like-winning-things-or-scoring-first-kiss\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":19666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478099242,478098566,478098622,478098542,478098519,478098535,478098522,478098513,478098873,478098579,478098511,478098509,478098610],"class_list":["entry","author-data123nz","post-19665","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-credit-crunch","tag-first-home-buyers","tag-home-buyers","tag-home-loans","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-property","tag-property-investment","tag-property-market","tag-real-estate","tag-real-estate-news","tag-reserve-bank-of-australia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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