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Bankwest, a subsidiary of the nation’s largest mortgage lender Commonwealth Bank of Australia, AMP Bank and industry fund-owned ME Bank are among those cutting fixed and variable rates. Other lenders,
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Macquarie ups commissions to mortgage brokers – Westpac, St George, CommBank-owned BankWest, AMP and rock building society have also raised commissions for brokers since July. Macquarie would not comment, but chief executive Nicholas Moore has.
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What the rate cut means for you – Simon Letch Variable mortgage are at the lowest rates since the 1960s. Others like Westpac Group (including BankSA, St George and Bank of Melbourne) and Macquarie Bank are offering their lowest.
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BoQ’s new CEO has some big tasks ahead – When George Frazis takes the reins at Bank of Queensland. He furthermore pointed out Mr Frazis’s experience in dealing with the broker channel. Mortgage brokers are responsible for selling six out.
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Home loan disruptors boost competition for property borrowers – They range from a complete online lending service to websites that create a marketplace where mortgage brokers and lenders can bid. They include Bank of Melbourne and St George Bank, part of.