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Discounts a ‘sign of light’ for mortgage industry

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Australian Broker | 12 Jul 2012, 08:08 AM Agree 0
Reduced discounts on standard variable rates are finally leading to profitability for banks, according to an RBS report
  • John Robbo | 12 Jul 2012, 10:22 AM Agree 0
    "Finally leading to profitability for banks"????? They have recorded all time record profits. Why would they insult us with this unadulterated rubbish. When their margins are squeezed they increase fees as seen in the last few years. Now they have higher fees & higher margins. What a joke! The banks don't deserve our business.
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