Get notifications in real-time for staying up to date with content that matters to you.
The Bank of England’s Monetary Policy Committee reduced interest rates yesterday by 0.25 percentage points to 5.25 per cent due to moderating consumer spending and slowing output growth.
The Bank of England’s Monetary Policy Committee reduced interest rates yesterday by 0.25 percentage points to 5.25 per cent due to moderating consumer spending and slowing output growth.
The Council of Mortgage Lenders (CML) welcomed the cut in interest rates but warned consumers that the cut may not translate into reductions in mortgage costs due to the recent rise in funding costs for lenders.
"Borrowers should not expect that a base rate reduction will automatically result in a cut in standard variable rates or discounted rates across the market,” director general of CML Michael Coogan said.
If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.
It is “unacceptable” that turnaround times in branches can be...
The aggregator has partnered with former Time Home Loans director...
Roughly one-third of Australian farmers expect to increase their ...
The number one magazine for mortgage brokers
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
What's the longest time you've been left on hold before getting through to a credit assessor?
