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‘Liar loans’ on the rise as risky mortgages drive house price boom
Investment Property

‘Liar loans’ on the rise as risky mortgages drive house price boom

Australian home prices have surged almost 20 per cent over the past year, and investment bank UBS has warned that a record level of “liar loans” as buyers “chase the market” could be one reason why. Key points: A record 41 per cent of loan applications contain factual inaccuracies The most common fudges are under-representing living […]

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