The tool will be compulsory for brokers and will ensure clients fully understand the financial effects of interest only repayments
The purchase of the small-ticket asset-backed finance firm will see the company change hands for the first time in almost 20 years
The Reserve Bank has acknowledged the broking community for boosting competition, transparency and consumer outcomes
The industry association has slammed the point of sale vendor introducer exemption as “bad public and competition policy”
Can you predict the future of the mortgage industry? Key industry players discussed the issues at a session organised by The Australian Centre for Financial Studies yesterday.
Seven tips to boost a broker's profits, productivity and skills – plus reduce stress.
One non-bank lender is waiving risk fees on all specialist lending products with an LVR of 70% or less.
Non-major lenders and non-bank lenders will be able to compete more aggressively with major banks to gain market share this year, industry leaders say.
Nearly a third of median weekly family income is now required to meet home loan repayments, new research shows.
Two non-major banks are following their parent bank’s lead by decreasing their three year fixed rate for new customers and existing customers switching into a new fixed rate.