Discover some of the top news stories impacting the mortgages space in this weekly wrap-up
You can read the full stories here:
OPINION The invaluable role that brokers play in providing mortgage and credit advice, budgeting help and emotional support to borrowers is being showcased as the cost of borrowing starts to rise.
As the cash rate increases and lenders respond by increasing mortgage rates, some brokers anticipate more borrowers will begin to switch lenders.
With NSW expected to announce changes to the “worst tax” next week, calls are rising for other states to follow suit and rethink stamp duty.
Australians’ ability to afford a home loan deteriorated over April, breaking a two-month spell of improvement.