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Mortgage prison sees Aussies lose thousands in potential savings
Some borrowers have found themselves locked in a 'mortgage prison', potentially costing them more than $10,000 in savings per year.
Wes webster
Sally tindall
Effie zahos
Australian prudential regulation authority
First home guarantee
Serviceability assessment
Lenders begin tweaking serviceability buffers
Several lenders have begun lowering their serviceability assessments for certain borrowers in a bid to help more customers refinance.
Annie kane
Ryan gair
Brokers association of australia
Australian prudential regulation authority
Streamlined refinance
Serviceability assessment
Finance brokers association
Peter white
Rate money
ASIC sues Money3 for alleged responsible lending breaches
The financial services regulator has commenced civil penalty proceedings in the Federal Court against a car loan provider. The Australian Securities & Investments Commission (ASIC) has confirmed it i
Annie kane
National credit
Ms court
Sarah court
First nations
National credit act
Serviceability assessment
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