Tag: home loan news
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Banks Delay Passing on Rate Cuts: Impact on Home Loan Holders
In recent news, the delay in major banks passing on rate cuts announced by the Reserve Bank of Australia has raised concerns among home loan holders. While the Reserve Bank’s decision to reduce interest rates was swiftly followed by announcements from banks, the actual implementation of these changes has been staggered, with some institutions taking…
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Connective Home Loans Surges with Record Settlements and Broker Engagement
Connective Home Loans has experienced a significant surge in settlements and broker engagement, driven by a strategic push towards diversification. The white label lending solutions arm of Connective, Connective Home Loans, witnessed settlements increase by over a quarter throughout the 2024 calendar year, with a notable uptick in broker involvement. During this period, Connective Home…