Over the past month, we’ve seen a lot of changes in the rates and compliance areas. Some lenders have tightened the investor-lending market, which has affected auction results through some capital cities. Although investor activity has been affected, first home buyer activities have increased. Mel Finance are committed to educating and empowering our clients, which is why we closely monitor the market and provide updates. Some of the key changes we identified as occurring last month include: Rising demand for mortgage brokers Mortgage brokers have taken over banks as being the primary distribution channel for a major lender. The CEO […]