While brokers call on lenders and aggregators to allow trail portability, one aggregator has defended the lenders’ stance.
A number of lenders are said to have made bids to acquire around $2bn in loans being sold by Investec.
NAB group executive Gavin Slater says the current mortgage market is one of the most competitive in history, providing the ideal environment for home buyers.
A major bank has discontinued a low doc loan product, citing the loan's unpopularity as the reason.
The MFAA has announced a record line-up of 59 finalists for its 2014 MFAA National Excellence Awards.
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.