If lenders opt to pay lower commissions, one major franchise could be heavily impacted due to its remuneration model
The major lender has chosen to once more accept refinancing applications for P&I loans following APRA’s tighter IO guidelines
The non-bank’s third transaction in the past 12 months correlates with a growing market presence for the firm
The second tier bank wants to become the intermediated bank of choice with brokers and financial advisers
The MFAA has heralded its support for a recent wave of ASIC bans
ASIC has stated the number of credit providers it's had to take action against is "unacceptably high" after banning a Sydney mortgage broker
A major aggregator has kicked off the new year with two new appointments and a promise of increased support for brokers.
In a further signal of competition amongst the big four, a major bank has cut its three year fixed rate for brokers.
The latest inflation figures point to interest rates remaining at their current all-time low for the foreseeable future, say analysts.
Economy-wide spending finished strongly in 2013, with December recording a 0.9 per cent rise in sales.