Do you think of yourself as a bit of a penny pincher? Or are you into more an extravagant lifestyle of wining & dining? When it comes to determining your loan size, it’s important to consider the lifestyle you live now and the sort of lifestyle you could reasonably adjust to. For some it’s easy […]
Broker News recent article stated the big four have more room to move on home loan rates than their non-major rivals, according to the RBA. Developments in Banks’ Funding Costs and Lending Rates, produced by Benn Robertson and Anthony Rush in the RBA’s domestic markets department, says a tougher funding environment exists for non-major banks […]
Australian Broker reported that bank of Queensland (BoQ) has agreed to appoint an independent expert to review its remediation process after a nearly decade-long system error saw customers lose out on an estimated $12 million. The bank informed ASIC late last year that it had recognised the error, which involved a failure to link mortgage […]
A staff reporter from the Advisor recently wrote nearly one in three new borrowers locked in fixed rates on their loans during March, new data has revealed. According to AFG’s latest Mortgage Index, 29.6 per cent of all new home loans were fixed – a leap from 24.1 per cent in February and 16.3 per […]
