
MORTGAGE LANDSCAPE – SETTING THE SCENE FOR 2017
There are a number of factors that have recently converged to change the borrowing landscape, ultimately making it harder for people to obtain a mortgage. These changes make using a good mortgage broker more relevant than ever. Here are some quick facts about the current mortgage landscape: Interest rates are on the rise Reserve bank LVR restrictions are making it harder for first home buyers and property investors Servicing margins increased to ensure future affordability No