Making news this week ASIC commended the MFAA for educating Fairfax on broker commissions; a non-major lender told brokers non-resident borrowers are 'unacceptable'; and another non-major committed to speedier turnaround times
A non-major lender has announced a new partnership to help streamline its verification process and speed up loan approval turnaround
Another non-major lender has reduced its two-year fixed rate home loan below 4%
Mortgage interest rate cuts have continued following the RBA's decision to trim the official cash rate by 25 basis points this week
Brokers dealing with Generation X or Y clients should be aware that younger home loan seekers prefer face-to-face consultation over digital, in the wake of a new report from ING Direct.
Adapting to new digital horizons should be top priority for brokers in the coming years, according to the Deloitte Australia Mortgage Report 2016.