The prudential regulator has today updated its expectations for sound residential mortgage lending for Australian banks. APRA released for consultation a revised draft of Prudential Practice Guide APG 223 Residential Mortgage Lending in October 2016 […]
Mortgage brokers, broker business development managers and consumer lending BDMs — particularly those with strong referral networks and broker relations — are in increasing demand, according to a recruitment agency.
Mortgage lenders, including the big four banks, have raised the cost of nearly 130 products in the past four weeks, driving increasing numbers of borrowers into fixed rates, analysis of lending data reveals. This article […]
A new report by ACA Research has found that despite the added convenience and accessibility of online brokers, comparison websites and other digital loan services, clients are routinely less satisfied than those opting for more […]
Commonwealth Bank of Australia and ANZ Banking Group may follow National Australia Bank and Westpac Banking Corp and increase interest rates on investor or interest-only housing loans to prevent them being swamped with mortgage applications […]
The combined capital city preliminary clearance rate rose this week to 75.0 per cent, up from last week’s final clearance rate of 73.0 per cent. This week’s auction market results indicate that clearance rates are […]