Posts tagged "mortgages"

With low variable interest rates expiring, more Aussies want to refinance their mortgages. Sherlok's AI lets brokers do this in one click.

The Reserve Bank of Australia has increased the cash rate by 50 basis points, bringing it up to 85 basis points or 0.85%.

The RBA's promise to not increase interest rates until 2024 seems to be a statement of the past, writes Peter Lawrence from Pitcher Partners.

The first of the big four banks has revealed it will pass on rate cuts and reduce interest on business loans and fixed term mortgages, following the Reserve Bank’s decision to slash the cash rate to a new record low.

Treasurer Frydenberg has asked the ACCC to do another inquiry into the banks' pricing practices, and there are four questions it ought to be asking.

The ACCC has been directed to launch a mortgage pricing inquiry that will examine barriers for consumers looking to ditch the big banks.

Mortgage brokers say they are encouraged by a coalition backflip on trail commissions and are urging Labor to follow suit.

While there are always bad apples in every industry, removing commissions would be a blunt instrument with plenty of downsides.

NAB has set up a mental health hotline for stressed brokers, but not everyone is a fan, with one broker rubbishing the move.

Mortgage brokers have turned to political advocacy in an attempt to pressure politicians to temper their view on royal commission recommendations.

Mortgage brokers fear they'll lose more than half their existing revenue stream if royal commission recommendations are made into law.

One of the most difficult things about being from the future* is that most people think I’m crazy until what I predict actually happens, at …