The bank and its subsidiaries will decrease rates for new owner occupier principal and interest fixed loans with an LVR of 80% and below
Since its launch one month ago, the company has also seen a number of mortgages approved including one loan of $1m
The firm has brought together a collection of experts to help new brokers develop skills in networking, sales, leads and more
The demand has been driven by clients struggling to find funds amidst tighter lending restrictions by Australian banks
Brokers dealing with Generation X or Y clients should be aware that younger home loan seekers prefer face-to-face consultation over digital, in the wake of a new report from ING Direct.
Out-of-cycle rate rises have the potential to cause discontent among mortgage holders, with brokers advised to take a measured approach.
Australia's big four banks have moved quickly to state they will not pass the cost of the new ASIC levy on to customers.
Adapting to new digital horizons should be top priority for brokers in the coming years, according to the Deloitte Australia Mortgage Report 2016.
Bendigo Bank and Adelaide Bank are preparing for a push into the big-city residential investment markets this year.
CBA is the latest major bank to increase its restrictions on some home loan applicants with a foreign income.