Simon Orbell of Smartmove Mortgage Advisors gives us a wrap up of the current lending environment, change to responsible lending laws and what all this means for the property market. The lending market continues to change rapidly. A few weeks ago, the Reserve Bank chose to reduce the cash rate even further (from 0.25% to the lowest it has ever been – 0.1%). Unfortunately, most of the lenders have chosen not to pass this on when it comes…