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
The MFAA has announced a record line-up of 59 finalists for its 2014 MFAA National Excellence Awards.
The RBA’s decision to leave the cash rate on hold, combined with strong competition from lenders, is good timing for those wanting to refinance or activate a home loan - and for brokers.
A major bank has introduced a new competition for customers lodging home loans through their mortgage broker.
Second-tier lenders lost much of the market share they gained in late 2013 as the big four took advantage of record January mortgage figures.
The reserve bank's decision to leave the official cash rate on hold this month has come as no surprise to economists.
Tax fraud scams involving the sale and re-mortgaging of property without the owners’ consent are on the rise in Australia, and brokers have been warned to stay alert.