The bank has also followed suit by reducing rates for its principal and interest loans for owner occupiers
The group has also entered into a strategic mortgage broking partnership with one of the big four banks
In response to this, the ACCC has revealed a new taskforce that will closely monitor bank decisions in the future
With nominations for the industry’s leading mortgage awards closing this Friday, submit your entry to stand amongst Australia's broking greats
The CEO of the Commonwealth Bank, Ralph Norris, has indicated that the banks will not make a grab for extra margin as official rates begin to rise, The Daily Telegraph reported today.
Make sure you watch the MPA eMag video interview with Jeremy Yuen, one of the country's most successful loan writers who ranked seventh in MPA's Top 100 brokers list in both 2007 and 2008.
ANZ has appointed Meg Bonighton as the bank's new Head of Broker Distribution.
The grandson of the founder of Australia's second-largest residential real estate agency is set to sign a $67m deal to buy the company from troubled Brisbane-based lender Suncorp, The Australian reported today.
While the mortgage industry has lost a step or two in the last 18 months, sometimes it's better to focus on how much there's left to give.
Challenger Mortgage Management has welcomed the deletion of the proposed section 130 (3) of the National Credit Protection Bill.