ANZ penalised $25m for failure to "maintain systems and processes"
Court finds the national bank system failed in its Breakfree packages.
Source: itnews.com.au
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ANZ to scrap Breakfree package by March
The basic home loan is stripped even further
Source: brokernews.com.au
November home loan snapshot: CBA and NAB lower variable rates
In this month's home loan snapshot we review recent fixed and variable rate changes from ANZ, CBA and NAB and take a look at some of the lowest and average rates in the Mozo database.
Source: mozo.com.au
May home loan snapshot: Longer term fixed rates are rising
May home loan snapshot: Longer term fixed rates are rising May home loan snapshot: Longer term fixed rates are rising Monday, 3 May 2021 Six months have now passed since the Reserve Bank cut the official cash rate in November 2020 - a move which paved the way for the hundreds (if not thousands) of fixed home loan rate cuts we’ve witnessed ever since. According to the latest edition of the Mozo Banking Roundup though, that one-way trend appears to be at an end. At least, when it comes to long-term fixed rates. So which lenders have increased their rates, who has cut rates and what’s happe...
Source: mozo.com.au