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Major increases broker rates

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Australian Broker | 26 Oct 2015, 07:32 AM Agree 0
A major bank has announced interest rate increases across its broker-originated variable rate home loans, folliowing an increase to its direct variable home loan rates
  • Regional Broker | 26 Oct 2015, 09:22 AM Agree 0
    What else was expected?
  • Broker | 26 Oct 2015, 11:56 AM Agree 0
    Pricing broker introduced loans higher, why? Very smart NAB, not!

    One wonders if this a sign of things to come in a feeble attempt keep broker introduced loans at the current levels .

    Don't they know that consumers don't want to waste their time dealing with banks directly and more often than not walking away with a poorly priced and structured loan.
  • SEQ Broker | 26 Oct 2015, 05:27 PM Agree 0
    So a bank thinks that they can discriminate against customers who choose to use a broker. What is their message? Do they think broker business is riskier? Sure like we have the capital to take on ASIC. Which is why we are less risky and lets be honest, NAB you are MORE risky.
  • Papery | 27 Oct 2015, 12:19 PM Agree 0
    Plenty of lender & product choice still out there. I don't care.
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