Great news for anyone planning to take out a home loan – new legislation means consumers are even better protected when they use a mortgage broker. But banks do not have the same responsibility towards…
After a record-breaking year of property growth, the regulator has announced limitations on how much the banks can lend. Accredited Broker believes that this will have a minimal impact. In an effort to stop stellar…
A new approach to lending could have a dramatic impact on whether Australians can get a mortgage. A letter sent from the Australian Prudential Regulation Authority (APRA) to the banks shows how it is developing…
“Old generals always fight the previous war” goes the old adage – many of the old arguments are being rolled out by both sides in the proposed changes to Responsible Lending rules. But, as we…
‘Life will never be the same again.’ Its been said non-stop since Coronavirus, but there is no doubt it has accelerated long overdue changes in the property market. Across the board, property-related professions are adapting…
Many brokers risk being cut off if they have not completed their mortgage broking diploma. Recent legislative changes mean brokers who want to obtain the diploma will be required to complete the new Diploma of…
Daniel Ziffer| ABC| 7 February 2022 https://www.abc.net.au/news/2022-02-07/threat-of-postcode-discrimination-in-credit-scores/100723574?fbclid=IwAR36VZplMBBVdFVzo7YDscYRWs92ab_vJNQ-7i9-SPHlscyAeKvbn7hkI9M Where you live could determine if you can…
https://www.mortgagebusiness.com.au/breaking-news/16488-housing-supply-needs-to-be-more-flexible-rba-governor Annie Kane| Mortgage Business| 14 February 2022 The supply of “well-located” land needs to be addressed to improve housing affordability, the governor of the Reserve Bank of Australia, Philip…
A new approach to lending could have a dramatic impact on whether Australians can get a mortgage. A letter sent from the Australian Prudential Regulation Authority (APRA) to the banks…
