More than one third of all loans at the end of last year had a loan to value ratio of greater than 80%, the latest APRA data shows – but does Australia need to follow in NZ's footsteps and reduce lending to risky mortgagees?
With the amendments to the Privacy Act looming Australian Broker TV speaks to Jon Denovan of Gadens Lawyers about what the changes mean for brokers and how they can prepare.
Mortgage brokers have grabbed more market share, with the channel's volume shooting up nearly a quarter.
At Australian Broker, we love a bit of healthy discussion. This week, we look at some grey areas in ASIC's guidelines.
As property prices continue to rise and lenders fight for market share, borrowers are increasingly opting for loans with terms of up to 40 years – and brokers are being warned to be cautious.
While economic predictions remain bleak for the broader economy, the outlook for brokers is a strong one in 2014, says the MFAA CEO.