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
Yellow Brick Road has furthered its involvement in the superannuation space with a new joint venture.
Lender competition for broker market share has never been stronger, say industry leaders, and both brokers and their clients are reaping the benefits.
ASIC chairman Greg Medcraft has defended the regulator’s work as a Senate inquiry into its performance looms.
The median mortgage size in Australia hit a record high in November, while the proportion of first home buyers continues to decline.
Recently resigned GrainCorp chief executive Alison Watkins has announced she will also be stepping down from the ANZ board.
With the Reserve Bank’s interest rate cutting cycle seemingly coming to an end, borrowers flocked to fixed rate loan products in November.