The RBA’s decision to leave the cash rate on hold, combined with strong competition from lenders, is good timing for those wanting to refinance or activate a home loan - and for brokers.
Second-tier banks have refuted claims from brokers that there is a lack of flexibility and product innovation amongst the non-majors.
Non-major lenders tripled their market share of new fixed-rate loans in the final quarter of 2013, the latest statistics show.
Higher LVR caps are seeping into the mortgage market, but is it a case of buyer need - or lender greed?
Lenders in New South Wales are offering a number of financial relief options to fire victims
A non-major lender has announced it's extending its bonus commission scheme for brokers following popular demand