Euan Black| The New Daily| 2 February 2021 Home owners warned against rushing to fix their mortgages (thenewdaily.com.au) Home owners are being told to do their research before fixing their mortgages, after the Reserve Bank…
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Malavika Santhebennur| Mortgage Business| 17 February 2021 Mortgage applications surged in the December quarter amid a slump in consumer credit applications, with WA the standout, according to data. Figures from data company Equifax have revealed…
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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…
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“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…
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Tim Lawless| Corelogic| 18 November 2020 https://www.corelogic.com.au/news/could-household-debt-levels-be-trigger-another-round-credit-tightening?utm_medium=email&utm_source=newsletter&utm_campaign=20201123_propertypulse&utm_content=pp_blog%20 Australian household debt levels have increased substantially over the past thirty years, with the ratio of household debt to annual disposable income rising from 68% in June 1990…
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Anna Bligh| Sydney Morning Herald| 25 November 2020 https://www.smh.com.au/business/banking-and-finance/australia-s-lending-laws-are-overdue-for-an-overhaul-20201125-p56hq8.html They say a week is a long time in politics. If that’s true – eleven years is an eternity. That’s how long it’s been since the…
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Annie Kane| Mortgage Business| 25 November 2020 https://www.mortgagebusiness.com.au/breaking-news/15166-declining-mortgage-rates-expected-to-continue-rba The average mortgage interest rate paid by households is expected to continue to decline “for a while yet”, according to the central bank. Speaking at the Australian…
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Annie Kane| Mortgage Business| 23 November 2020 https://www.mortgagebusiness.com.au/breaking-news/15153-responsible-lending-removal-the-pros-and-cons The proposal to overhaul responsible lending obligations has been met with mixed reaction, with many welcoming its ability to speed up the flow of credit while others…
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Michae Pascoe| The New Daily| 4 November 2020 https://thenewdaily.com.au/finance/2020/11/04/michael-pascoe-housing-prices/ The first lesson this week was that when offered cheap money, a significant number of Australians will rush to buy residential real estate, recession or not.…
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‘Be careful what you wish for’ goes the old adage. Nowhere is the more true than in proposed changes to Stamp Duty which may have huge impacts on the way the property market operates. Changes…
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