Mortgage advisers say borrowers should be aware of and understand mortgage affordability “test rates” rather than being kept in the dark.
A non-major has raised its industry leading low rate for one year fixed home loans above four per cent.
The insurance sector has called on the government for more transparency in commission and incentive related disclosure to clients but a mortgage adviser says this is needed in the loan writing sector too
The major bank has received the award for the third year running
The largest home loan lender has reduced two of its 'special' fixed interest rates
AIA Group and Zurich Insurance have lobbed bids to buy Sovereign and CommInsure