Mortgage market slack prompts deals

Wednesday 16 September 2015

From the AFR:

Banks are offering mortgage brokers lucrative cash incentives and improved terms to encourage home buyers to apply for their loans or switch lenders.

Many lenders are also offering home buyers’ lower rates across their range of mortgage products.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.