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
Housing blunder? Minister says it's no big deal
What started as a one year trip to New Zealand has turned into 15 years
The report shows how much the lenders have grown over the past year