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First home buyer numbers have fallen significantly over the past 12 months, according to AFG statistics.
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Variable loans now represent more than three-quarters of Mortgage Choice’s volumes.
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The Reserve Bank of Australia has announced the outcome of its monthly board meeting.
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One lender has said it might cut rates as part of a campaign to expose how some rivals “disguise fees”.
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Westpac’s former general manager of mortgage distribution has been awarded the top job at another lender.
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New home sales may have peaked after 12 months of strong growth, but were offset by a decline in May.
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Australia may experience a drop in housing demand after attracting fewer migrants than in previous years.
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Volume bonuses have been put back on the agenda after one major bank questioned the practice.
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One lender has said it will reward brokers and challenge its rivals with a new no-fee product.
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Over 100 businesses so far have taken up the offer of free MFAA marketing support.
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In a shock announcement, first-year trail commission has been reintroduced by one of the big four banks.
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One lender has announced a rate cut of 20 basis points less than two months after announcing a 25-point cut.
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