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A key constraint on borrowing limits that was put in place during the property boom has been removed by the banking regulator. It's another move that may stimulate the soggy mortgage market. The changes could allow a household on an average income to borrow up to $77,000 extra from a bank,...

The stars are aligning for home buyers with a new formula to be used by the banks in assessing mortgage applications that will make it easier to get home loans. After months of restraining bank lending, on Tuesday the prudential regulator said it would soften rules around mortgage 'stress tests'. The move...