APRA has released new data which shows the prevalence of investors and subsequently interest-only mortgages within the market is rising at record levels.
The RBA looks set to keep interest rates at record lows for the foreseeable future following minutes from its most recent board meeting.
ANZ has left interest rates unchanged after its latest home loan pricing review.
An unexpected drop in the number of home loan approvals highlights the need for the RBA to remain on the interest rates sideline, according to 1300HomeLoan.
A Japanese lender has announced its plans to target the Australian commercial market as statistics show Asian banks have increased their share of business credit.
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.