Get notifications in real-time for staying up to date with content that matters to you.
AMP Bank has surpassed CBA by dropping the biggest rate increase on borrowers since the February RBA rate rise, lifting its variable home loan rate by 33 basis points to 9.02 per cent.
The decision was as a result of the “impact of global credit market volatility on wholesale funding costs,” in conjunction with the RBA’s rise in official rates, according to a statement issed by the bank.
St George Bank and Westpac have opted to pass the RBA’s 0.25 per cent rise on to borrowers while ANZ and NAB expected to make announcements in the near future.
If youâre feeling overworked and overwhelmed in this fast-paced mortgage market, itâs 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.
Â
Having wrapped its first month post-merger with Aussie, Lendiâs...
A regional lender has updated its broker website with new feature...
The non-bank lender has become the 19th member of the governmentâ...
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?
