Banks raise rates faster than the RBA as they claw back margins
Mortgage rates for new customers of the big banks are up 0.32 percentage points more than the central bank’s official rate rises this year, new data shows.
Source: afr.com
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Westpac slashes variable rates for new customers
This as loyal customers face eighth hike
Source: brokernews.com.au
Westpac enters digital banking arms race
In one small leap for banks and one giant leap for prospective homeowners, the big four bank has announced a plan to approve home loans in as little as ten minutes. The system, which launches in the
Source: realestatebusiness.com.au
Westpac to roll out digital loan to brokers next year
The broker channel will be able to utilise the big four bank’s new digital mortgage process following its roll-out to select direct customers at the end of this year.
Source: theadviser.com.au
Westpac to launch digital mortgage this year
Customers refinancing to Westpac’s Flexi First Option basic home loan will be the first to access the bank’s new digital mortgage, set to roll out in the final quarter of this year. Westpac Bank
Source: mortgagebusiness.com.au