Analysis has shown average variable rates changed significantly last financial year
This comes in response to a company encouraging people to "broker your own loan"
"People are taking longer to buy than they did 18 months ago, but they are buying"
"At the bank I felt more like a sales person than someone who could find the right solution"
Out-of-cycle rate rises have the potential to cause discontent among mortgage holders, with brokers advised to take a measured approach.
Australia's big four banks have moved quickly to state they will not pass the cost of the new ASIC levy on to customers.
Adapting to new digital horizons should be top priority for brokers in the coming years, according to the Deloitte Australia Mortgage Report 2016.
Bendigo Bank and Adelaide Bank are preparing for a push into the big-city residential investment markets this year.
CBA is the latest major bank to increase its restrictions on some home loan applicants with a foreign income.
Major banks are likely to avoid pushing up rates until after the federal election, according to a new report.