REIA welcomes decision by banks to extend loan repayment deferral period

July 9th,2020

The REIA welcomes the announcement by the Australian Banking Association to implement a new phase of support to assist customers, as the six month loan repayment deferral period draws to an end.

“Supporting home owners during this phase where they may be finding it difficult to continue paying their mortgage, is to be applauded,” said REIA president Adrian Kelly.