The good news about all the lies told on home loans - The Australian Financial Review

Borrowers are still fibbing on their mortgage applications in big numbers, but UBS believes those who have bought in the last year can withstand rate rises.

Of the borrowers who used a mortgage broker and admitted making a misrepresentation on their application, 54 per cent said their broker suggested they stretch the truth in some way. Of the borrowers … [+2646 chars]

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