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
A Victorian man banned for selling trail books, leads and rent rolls which never materialised may once again be attempting to dupe brokers.
Non-major lenders tripled their market share of new fixed-rate loans in the final quarter of 2013, the latest statistics show.
A non-major has reduced its variable interest rates in a sign 2014 will be another competitive year in the mortgage space.
A hot property market is fuelling strong demand for mortgage brokers, making it one of the most sought-after professions in Australia.
The level of residential property rental vacancies is up Australia-wide, with mining towns leading the upsurge.
Many brokers struggle to grow their trail book once it reaches a certain point, says one top broker, but with a little smart thinking brokers can reduce their run-off and increase their profits.