Affordable homes campaigner warned about risk of “multiple stretch”
Who settled the most residential loans over 12 months?
Despite mortgage rates dipping to below 4%, real estate professionals are warning home buyers to exercise caution
Mortgage advisers say borrowers should be aware of and understand mortgage affordability “test rates” rather than being kept in the dark.
A non-major has raised its industry leading low rate for one year fixed home loans above four per cent.
The insurance sector has called on the government for more transparency in commission and incentive related disclosure to clients but a mortgage adviser says this is needed in the loan writing sector too
It issued a notice under the FMA Act when a firm wasn't forthcoming with information
Advisers will be able to use client files to demonstrate practical knowledge
He says focus should now be on supporting small businesses