Here Is What the Banking Royal Commission Means for Your Loan Application
In May, we put out an announcement about the Banking Royal Commission and how mortgage brokers, with a few exceptions, have basically been doing the right thing all along. While this is still the case, it has become clear that the lenders have been less than...
Home loans: to lock in the rate or not?
With some of the major lenders recently lifting interest rates on variable home loans, we’ve had a number of enquiries this week as to whether now is a good time to lock in an interest rate. As predicted, Westpac’s recent decision to increase variable home...
Would your accounts squeeze through the tighter lending test?
It’s one thing to be ready to pay off a mortgage. It’s entirely another to convince lenders that you’re ready to do so, especially in the current environment of tighter lending standards. Here’s how to climb your way through the process. You...