Analysis suggests the major banks will not increase lending rates to maintain high profits, yet consumers will likely pay in other ways, says one mortgage broker.
Australia's big four banks have moved quickly to state they will not pass the cost of the new ASIC levy on to customers.
The tougher lending criteria being imposed by the major banks, particularly in regards to living expenses, is hurting consumers and brokers
Making news this week a major mortgage group says report proves brokers are the future... Aggregator bolsters offering with new fintech partnership... Real estate tech platform shakes up mortgage industry
A major mortgage and wealth group has backed a recent report that shows major banks are reducing their branch presence, saying it is another signal that brokers are the future of the mortgage industry
Mortgage refinancing will drive the market in 2016, according to a new report, and brokers are in the prime position to capitalise