The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 19 November.
Welcome to The Adviser’s weekly round-up of the headline stories and news that are important not only for the mortgages sector, but also for the state of property in Australia more broadly.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
To compile this list, not only do we consider the week’s most-read stories and the news that matter to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape.
How investors end up in ‘mortgage prison’
APRA’s recent increases to banks’ loan serviceability expectations are intended to cool rapidly rising prices, but industry experts warn that there could be unintended consequences, including hindering investors’ ability to refinance at a lower rate.
Digital lenders indicate mortgage industry blind spots
A neobank and two fintech lenders have pointed to problem areas in the home loan process, which they believe are holding the industry back.
Most borrowers ready for a rate rise: RBA
The majority of mortgage holders are already maintaining higher loan repayments than required and won’t be shaken by a climbing cash rate, according to the Reserve Bank.
91% of broker clients would recommend their broker
Broker clients overwhelmingly believe brokers act in their best interests and would recommend them to friends and family, new bank research has found.
New draft regulatory guide released on consumer remediation
Credit licensees are being asked to respond to ASIC’s new regulatory guide on how they should conduct remediations to return money owed to consumers.
Harcourts Australia kicks off global ratings partnership
The network has revealed a new and wide-reaching partnership with agent marketing platform RateMyAgent.
‘Thousands in fines’: How social media can land agents in hot water
Don’t get pulled up by Fair Trading for accidentally breaching the law with your social posts, a real estate industry marketing expert has warned.
New ethics index places agents near bottom of the pile
In the eyes of consumers, real estate agents are only more ethical than Australia’s federal politicians, according to the latest edition of the Ethics Index from the Governance Institute of Australia.
[Related: Hot Property: The biggest property headlines from the week 1-5 November]
JOIN THE DISCUSSION