New data suggests borrowers are far less likely to take up interest-only options than they were last year
The latest round of rate reductions comes as data shows demand for fixed rate home loans has fallen for the sixth month in a row
The trend may continue as expectations grow that the cash rate is not likely to rise anytime soon
Gross revenue from broking declines, with commissions received falling 3%
The number of first home buyer loans as a percentage of total owner-occupied loans falls
UBS called the major banks' reporting of borrowers' gross household income as "highly improbable"