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AB weekend wrap: Brokers and valuations in the spotlight, and consumer misconceptions abound
by AB
Making news this week, ASIC reveals a new broker review, an association calls for a valuations audit and the industry is urged to raise awareness
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One in four FHBs could afford 4% increase in interest rates
by AB
One in four first home owners say their interest rate would have to more than double before they felt financial strain, according to new research
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Brokers have nothing to hide, says Mortgage Choice
by Julia Corderoy
The chief executive of a major mortgage franchise has welcomed ASIC’s commission probe, saying the industry has “nothing to hide”
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Eight in 10 FHBs say housing is unaffordable
by AB
More than eight in 10 first home buyers planning to get onto the property ladder within the next two years believe housing is unaffordable in their state, a new study has revleaed
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Investment lending suffers biggest fall in 7 years
by Julia Corderoy
Investment lending has suffered the largest fall in seven years, news figures reveal, as the regulator crackdown hits the market in full swing
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Fixed rate demand drops to four-year low
by Julia Corderoy
The demand for fixed rate home loans continues to fall despite variable rates beginning to rise, new data has revealed