Roger Ward at Cairns Mortgage Brokers is very excited to let you know that we have been nominated as a finalist in the MFAA Awards For Excellence, Regional Mortgage Broker Of The Year QLD 2018, Residential Mortgage Broker Of The Year and the 2018 Queensland Community Champion Of The Year.
We could not have done it without you so THANK YOU. We are very honoured to be a finalist in 3 categories in this prestigious award which we won in 2016 and 2017.The winner for 2018 will be announced in June. We are a small Brokerage in Cairns so to be a finalist is already a great accomplishment. Again, Thank you to you, our valued client.
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A recent spike in funding costs is happening at the worst time for Australia’s big banks, as intense public scrutiny crimps their ability to pass on increases to customers.
The banks are fighting to defend their reputations in the face of an inquiry into misconduct and mistreatment of customers. Two weeks into hearings in front of a Royal Commission, allegations have included claims some bank staff took cash bribes to facilitate mortgages based on fake documentation, while others sold unnecessary insurance policies. At the same time, the big four lenders – Commonwealth Bank of Australia, Westpac, Australia & New Zealand Banking Group, and National Australia Bank – face a jump in their short-term financing costs both at home and offshore. The Libor-OIS differential, a key indicator of US dollar borrowing costs, has more than doubled since the end of January, and domestic three-month bank bill rates have also surged. |
AuthorWith over 20 years experience in Home Loan Lending and Financial Planning, You can feel confident Cairns Mortgage Brokers will get you the best deal on the market. Call us today: 4057 9746 Archives
September 2020
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