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Jacqueline Dearle, at the mortgage broker Mortgage Choice, certainly thinks the rate cut will give “a nudge in the right direction” if the banks pass it on. The Ray White chairman Brian White suggests.

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ANZ changes rules to investment interest-only loans – ANZ has today issued a notice to mortgage brokers informing them of a drastic overhaul to interest-only investor loans. In the update it informed brokers it would allow borrowers with a deposit as.

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