Monthly Archives: August 2018

Mortgage brokers ready for interest rate rises

The peak body representing Australian finance and mortgage brokers has pointed to a surprise hike in interest rates by Australia’s largest member-owned bank as a further reason for borrowers to look at more finance options. Finance Brokers Association of Australia … Continue reading

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New Prime Minister understands finance brokers

The executive director of the Finance Brokers Association of Australia (FBAA) Peter White has welcomed Scott Morrison as Australia’s 30th prime minister and thanked him for his service as treasurer. Mr White has a solid relationship with Mr Morrison, meeting with … Continue reading

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Madness – Aussie borrowers in “mortgage prison” as banks prevent access to lower rates

The peak body representing Australia’s mortgage brokers says thousands of Australian mortgage holders left in a “mortgage prison” – unable to refinance to a lower interest rate due to changed lending criteria by banks – should look to non-bank lenders … Continue reading

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