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Making news this week (ending 18 February)

Discover some of the top news stories impacting the mortgages space in this weekly wrap-up.

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National home loan affordability fell “dramatically” in 2021, with a record calendar year decline of 14.5 per cent, according to non-bank lender Bluestone.
 
The governor of the Reserve Bank has defended the central bank’s cash rate forecasting, despite increasing expectations from market that a rate rise will come sooner than flagged. 
 
The government has almost doubled the savings cap for rookie buyers working towards a house deposit under the First Home Super Saver Scheme.
 
The major bank is to remove its Breakfree package in March and “simplify its home loan offerings”.
 
Charges against Citigroup, Deutsche Bank AG and four senior banking executives alleging criminal cartel behaviour have been dropped by the CDPP.
 
Making news this week (ending 18 February)
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