Lender

Mortgage rate reductions have continued, with several non-major lenders repricing their mortgage products following the Reserve Bank’s latest cut to the cash rate.

ANZ has confirmed plans to close branches in Victoria and South Australia, adding to 20 being shut across the two states in the past year.

Three non-major lenders have dropped their mortgage rates in response to the Reserve Bank’s latest cut to the cash rate.

The major bank has recorded its first monthly mortgage portfolio increase in 2019, thanks to a sharp uptick in owner-occupied volume, new APRA data has revealed.

  The major bank has revealed that it will absorb a further $1.18 billion in remediation costs.

The major banks have repriced their variable home loan products in response to the Reserve Bank’s latest cut to the cash rate.

The market has responded to the Reserve Bank’s latest cut to the cash rate, with lenders passing on savings to mortgage customers.

State governments have been urged to scrap stamp duty in light of new research, which has highlighted its impact on housing affordability.

National Australia Bank has announced that it is removing more than 100 fees from across its products and services, as part of a “fee clean-up program”.

Commonwealth Treasurer Josh Frydenberg has stressed the need for home lending practices that don’t curb the “aspirations of hard-working families” by further limiting access to credit