Mystery shopping by mortgage comparison site Mozo has found that the Big Four banks are offering discounts of up to 0.82 per cent to customers who ask for a better deal.
Are Australians too relaxed about their mortgages?
Australian homeowners might be too lazy to make sure they have the best home loan, and some might not even know what type of mortgage they have, according to two new studies released this week.
ANZ issues lending 'blacklist' for Perth and Brisbane
ANZ is clamping down on lending in Perth and Brisbane to encourage greater honesty in loan applications and amid concerns about apartment oversupply and softening prices.
Mortgage arrears at five-year highs, expected to rise further: Moody's
Credit ratings agency Moody's has revealed mortgage arrears are at a five-year high in Australia, but the data is widely divergent from state to state.
A UBS survey of 900 people who took out home loans this year, found that only 67 per cent said their application was "completely factual and accurate".
Lenders offering lower interest rates, incentives in lead up to spring
Competition for good-quality borrowers is hotting up in the lead up to spring, with lenders offering lower interest rates, fee waivers, or lower deposits for favoured customers.