A major lender has slashed its rates for loans of 80% LVR and below, which its management said is due to broker feedback.
Multiple brands, misleading advertising and clawback provisions are stifling competition in the industry and causing confusion amongst consumers, says the former CEO of a broker association.
The MFAA has announced a record line-up of 59 finalists for its 2014 MFAA National Excellence Awards.
Two more lenders have joined the recent bevy of rate cuts, upping the anti in the fight for market share.
Lenders have come under fire from the Credit Ombudsman Service, with one receiving more than 100 complaints over the past year.
A survey conducted by a major aggregator found 89% of brokers will be prioritising one key thing in 2014