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Discover some of the top news stories impacting the mortgages space in this weekly wrap-up
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Broker value amplified in rising rate environment
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.
WA broker expects more refinances ahead
As the cash rate increases and lenders respond by increasing mortgage rates, some brokers anticipate more borrowers will begin to switch lenders.
Calls rise for stamp duty overhaul ahead of NSW reform
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.
Mortgage affordability hits lowest point since 2011: Bluestone
Australians’ ability to afford a home loan deteriorated over April, breaking a two-month spell of improvement.
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