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
Low interest rates have spurred mortgage enquiries up 15% in the past year, according to the latest statistics.
Record low levels of first home buyers have driven a major bank to offer a $1000 rebate to those looking to enter the property market for the first time.
A wholesale aggregator has announced the appointment of two new BDMs in Western Australia and Victoria/Tasmania/South Australia.
A non-bank lender has released a new product designed to open up borrowing options to clients that may otherwise struggle to get a loan.
A major bank has announced a 5bp interest rate cut on selected products for brokers.
A Victorian man banned for selling trail books, leads and rent rolls which never materialised may once again be attempting to dupe brokers.