Get notifications in real-time for staying up to date with content that matters to you.
CBA recently bumped up its quarterly Line of Credit reference rate by a hefty 50 basis points.
Intermediaries were notified of the increase late last month in a communication explaining that ‘these interest rate changes reflect recent movements in wholesale market rates’.
Mortgage Business contacted a CBA spokesperson to clarify whether the bank had been directly impacted by rising funding costs but they were unavailable for comment.
Intermediaries were notified of the increase late last month in a communication explaining that ‘these interest rate changes reflect recent movements in wholesale market rates’.
Mortgage Business contacted a CBA spokesperson to clarify whether the bank had been directly impacted by rising funding costs but they were unavailable for comment.
Brokers buoyed by shift in mortgage landscape Political and regulatory developments are conspiring in favour of...
Westpac amends residential lending policy The major bank and its subsidiaries have made changes to their re...
Lack of home ownership disadvantaging Gen Y SMEs The low level of home ownership among younger age groups has play...
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 do you think a Best Interest Duty for brokers should entail?
