The big four bank has increased its rates on interest only loans, saying the move has nothing to do with the bank levy
The non-major has decided to bring together its third party and direct business units under one leadership position
The social media session is in line with National Finance Brokers Day and hopes to connect consumers with the top broking heavyweights
The move by the ratings agency has had no material impact on the big four banks, claims one independent investment firm
The number of Aussie borrowers blacklisted by credit reporting bodies will increase exponentially after Friday, says a national finance company.
Lenders continue to beat the diversification drum, claiming brokers must become full suite advisers giving debt, planning, wealth and insurance advice to keep up with the market.
A leading lender has added close to $500 million of loans to its non-conforming portfolio last year.
Australia’s lenders are still competing aggressively on fixed rate home loan interest prices, which may prompt more borrowers to fix their loan over coming months.
One building society aims to double its team and expand business within the calendar year, according to its strategy head.
Industry leaders got together to discuss the woes of the mortgage broking world. Find out what the biggest problem is.