The bank and its subsidiaries will decrease rates for new owner occupier principal and interest fixed loans with an LVR of 80% and below
Since its launch one month ago, the company has also seen a number of mortgages approved including one loan of $1m
The Supreme Court has dismissed an appeal by a property advisory banned for providing unlicensed financial advice
With one of the country’s biggest brokerages seeing a decline in fixed rate mortgages, what is the local broker’s view?
New analysis has revealed a downward trend in the average LVR, driven by higher equity levels and more prudent lending
While research shows clients may happily pay their broker, one industry leader has questioned the feasibility of this model
The move goes along with the restructure of the national franchise with two new GM positions to fill the vacated role
Amid this trend, lending standards and processes at the major bank have also changed in the past year