Author Archives: CRC Public Relations

Issues collide to create uncertainty around mortgage options, rates

Recent interest rate cuts, mixed messages around housing prices, cost of living increases, the Australian election and even US tariffs are fuelling an increase in uncertainty from existing borrowers and those wanting to enter the market, according to the peak … Continue reading

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Coalition buffer rate announcement the right move

The managing director of the Finance Brokers Association of Australia (FBAA), who has led the industry’s campaign for a reduction in the mortgage serviceability buffer rate, has backed the Federal Opposition’s commitment to bring the rate down if elected. Peter … Continue reading

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Bank back book actions concerning

The Finance Brokers Association of Australia (FBAA) says it is concerned that some banks are attempting to stop mortgage brokers using certain automated rate tracking and repricing systems to analyse their back books, in order to prevent existing customers from … Continue reading

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The mental health costs of clawbacks revealed

With rawness and vulnerability, mortgage brokers have revealed the anger, anguish and personal pain they have experienced due to clawbacks. The comments were provided to CoreData as part of the monthly broker poll conducted for the Finance Brokers Association of … Continue reading

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As RBA decision looms, research highlights fear, uncertainty and desperation among property owners and renters

Aspiring property owners are increasingly uncertain about their chances of affording a new home and are willing to purchase with smaller deposits, while the majority of renters fear being forced to move by their landlord, new research commissioned by the … Continue reading

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Call for Govt intervention – Regulator has let down home loan borrowers

The decision by the Australian Prudential and Regulation Authority (APRA) to leave the mortgage serviceability buffer at 3 per cent has been labelled nonsensical by the peak body representing Australia’s finance and mortgage brokers, who has accused the regulator of … Continue reading

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Changes are happening – FBAA

Managing director of the Finance Brokers Association of Australia (FBAA) Peter White AM says positive changes to clawbacks are happening across the industry following sustained lobbying by the FBAA over the last few years. Welcoming the move by AMP Bank … Continue reading

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It’s now easier to understand finance and mortgages

Finance Brokers conference on Gold Coast launches Australia’s first independent finance knowledge portal – Today, Friday Nov 1 Buying a home is the biggest decision most Australians will make, but it’s also the most confusing. If terms like ‘mandatory comparison … Continue reading

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Bank greed to be called out at FBAA conference

As the FBAA’s annual National Industry Conference commences on Queensland’s Gold Coast, managing director Peter White AM said the industry is facing a challenging year ahead due to what he says is an effort by some large banks to undermine … Continue reading

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New data reveals repeat customers key to broker success

New research released by the Finance Brokers Association of Australia (FBAA) reveals that brokers are securing the most business from repeat customers, signalling high levels of trust in the industry. The Monthly Broker Poll, which is conducted among FBAA members … Continue reading

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