Market leading non-bank financial services group, Aussie, has launched an exciting promise to customers that if they are not impressed by an Aussie broker’s service they will be paid $100.

The “Aussie Promise to Impress” builds on Aussie’s reputation for offering customers highly personalised mortgage broking service which translates into a better deal by meeting their needs.

Aussie’s founder and executive chairman Mr John Symond said the Aussie Promise was targeted at customers who are interested in using a broker or bank customers looking for a reason to switch in order to get a more personalised service for their home loan needs.
Full Story

Aussie records big increases in customers refinancing their home loans while number of first home buyer loans drops.

Aussie Home Loans has seen a massive jump in customers looking to re-finance their homes with almost 40 per cent of new loans written in June being for that purpose.

The number has jumped from 30.2 per cent of total loans in March to 38.5 per cent in June and is at the expense of first home buyer’s loans, which have dropped from 32 per cent of total loans written in March to 21.3 per cent in June.

Aussie founder and Executive Chairman Mr John Symond said the increase in the number of home owners refinancing their loans reflected the fact that interest rates, market uncertainty and mortgages are on the minds of the average Australian.

“There is great deal of media exposure surrounding interest rates, the property market and uncertainty over the economy,” Mr Symond said. “This coverage has put the issue firmly on the radar for the Australian homeowner.”
Full Story

Putting Australians in a “better place” for their financial needs.

Consumer champion and chairman of Aussie Mr John Symond today promised to shake up the $30 billion insurance industry in Australia with a range of new products and backed by an aggressive marketing campaign designed to put Australian families in a “better place” financially.

The move comes as national research commissioned by Aussie and carried out by Brand Management shows that seven in 10 Australians believe their families would not have enough money and would face financial ruin if they died.

And with only 40 per cent of the population carrying life or disability cover, it is a situation which is alarming given the uncertain nature of our economy, according to Mr Symond.
Full Story

Aussie Home Loans, is posting record lending levels following the recent acquisition of Wizard Home Loans from GE Money.

The mortgage broker has doubled its monthly lending volumes to more than $2 billion following the addition of Wizard franchisees to Aussie’s distribution network, which now covers over 140 outlets in city and regional areas.

All of the 111 Wizard outlets are being transformed to the Aussie brand and they are now part of an organisation which is bucking the gloom of the recession with an aggressive expansion strategy.
Full Story

By Jill Fraser for Lending Central

Not only does Aussie Home Loans’ executive chairman, John Symond believe that banks are justified in passing on less than half (or in NAB’s case zilch) of the Reserve Bank’s official rate cut, he challenges the RBA’s decision to reduce the cash rate to a five-decade low of 3%.

Symond spoke to Lending Central earlier today.

LC: What is your response to the banks passing on such a paltry percentage of the RBA rate cut? Can it be rationalised?

JS: The answer is yes..
Full Story

Non-bank lender Aussie Home Loans has dropped its standard variable mortgage interest rate by a further 40 basis points, on top of a 50-basis-points cut before last week’s change to the official cash rate.

That takes Aussie Home Loans’ variable rate to 7.65 per cent.

The mortgage broker also announced it was reducing its basic variable rate for first home buyers to 6.99 per cent.
Full Story

Australian mortgage broker and non-bank lender, Aussie Home Loans, today announced a fall of 0.25 per cent to its Standard Variable Rate loan from 9.55 per cent to 9.30 per cent, representing a saving of about $52 a month based on a $300,000 home loan.
Full Story