Powered by MOMENTUM MEDIA
the adviser logo
Broker

Deplorable discharges

by Annie Kane8 minute read
Deplorable discharges

Discounted interest rates and cashback incentives are being increasingly used by lenders to retain refinancing clients, sometimes at the detriment of the consumer, brokers have revealed. Annie Kane explores more

With more and more borrowers looking hard at mortgage repayments and considering refinancing ahead of the Reserve Bank of Australia’s first rate increase for more than a decade, brokers have begun exhibiting channel conflict behaviours that are sometimes not in the best interests of mortgagors.

This content is available exclusively to
The Adviser premium members.

loan document ta

AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

JOIN THE DISCUSSION

You need to be a member to post comments. Become a member for free today!
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more