The bank and its subsidiaries will decrease rates for new owner occupier principal and interest fixed loans with an LVR of 80% and below
Since its launch one month ago, the company has also seen a number of mortgages approved including one loan of $1m
The firm has brought together a collection of experts to help new brokers develop skills in networking, sales, leads and more
The demand has been driven by clients struggling to find funds amidst tighter lending restrictions by Australian banks
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.