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Specialist lender makes 40-point rate cut

Bluestone Mortgages has delivered a double bonus to borrowers by slashing interest rates and waiving its establishment fee.

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Why brokers shouldn’t fear peer-to-peer lending

When I noticed a thread proclaiming the death knell for brokers in Australia as peer-to-peer lands, I thought I should give brokers some words of encouragement.

Nick Moules, peer-to-pere lending, mortgage brokers
CBA reveals mortgage distribution plans

The Commonwealth Bank of Australia has revealed details of its home loan distribution strategy, including the position of Aussie Home Loans.

mortgagebusiness
Online lender doubles demand after cutting rates

Loans.com.au has doubled its number of home loan applications since it dropped its interest rate to 4.23 per cent following the Reserve Bank’s cash rate cut.

mortgagebusiness
FHB error could aggravate investor lending issue

The Australian Bureau of Statistics (ABS) has admitted a 26 per cent error in its first home buyer statistics, potentially adding fuel to the regulator’s concerns about investor lending.

mortgagebusiness
Borrowers warned about new peer-to-peer lenders

The Customer Owned Banking Association (COBA) says the peer-to-peer lending market is open to new players, but has warned consumers to “beware the hype”.

mortgagebusiness
Brokers flock to new lender

A new online lending platform set to reshape the Australian credit market has registered a mass of brokers after promising to reward them for leads.

mortgagebusiness
NZ big banks maintain lending growth

New Zealand’s five major banks have reported solid lending growth in the fourth quarter of 2014.

mortgagebusiness
NAB margin squeezed by 'intense competition'

Strong competition in business lending has squeezed NAB’s net interest margin over the December quarter, offsetting strong volume growth.

mortgagebusiness
Online lender undercuts the majors

Loans.com.au has cut its three-year fixed rate to its lowest ever level, adding to speculation that the Reserve Bank will not lower the cash rate any further.

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