The major bank has shifted its rates on owner occupier and investment fixed loans across both principal & interest and interest only
The FBAA has raised concerns at a Senate inquiry about lenders linking broker accreditation to a set number of loans written
Inconsistency among broker vetting by the banks could put lenders at financial risk, says one credit expert
The regulator has suggested lenders create more efficient systems to collate data on broker loans and commissions
Yesterday's RBA rate hold means borrowers are better positioned to ask their lender for a rate cut, it has been claimed
The demand for new homes and home renovations has seen a major franchise launch a new product
Home renovations are set to boom over the next three years, according to the latest forecast published by Master Builders Australia.
A non-major lender has announced an increase in its broker commissions
Brokers in one state are seeing an uptick in business, with borrower demand for broker-sourced loans hitting an all-time high
Australian households have a lack of cash savings, according to the latest ME Bank Household Financial Comfort Report.