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Macquarie to wind-back residential mortgage originations
by Staff Reporter • 5 Mar 2008
Head of Macquarie Bank’s banking and financial services group Peter Maher said the bank would begin... READ MORE
Government doubles investor incentive scheme
by Staff Reporter • 4 Mar 2008
The scheme will now expand its reach to provide construction incentives to 100,000 new affordable rental properties,... READ MORE
Package deals dominate new mortgage applications
by Staff Reporter • 4 Mar 2008
The packages, which combine a mortgage with a transaction account and credit card from the same financial... READ MORE
Absent overseas investors hobble domestic RMBS
by Staff Reporter • 4 Mar 2008
With no major RMBS issues so far this year, pressure is now mounting on many securitised lenders to offload debt via... READ MORE
Tax credits offered to encourage affordable housing investment
by Staff Reporter • 29 Feb 2008
The scheme will involve tax credits of $6,000 per dwelling to corporate investors investing in affordable housing... READ MORE
Transparency key to improving investors? confidence in finance sector
by Staff Reporter • 28 Feb 2008
Speaking yesterday at a business luncheon in Sydney, Mr Stewart said that greater levels of disclosure, even... READ MORE
40 year mortgages soar in popularity
by Staff Reporter • 25 Feb 2008
Savings & Loans Credit Union today reported a sharp rise in the popularity of its 40 year mortgage, with the loan... READ MORE
Mortgage industry braced for increased funding costs
by Staff Reporter • 25 Feb 2008
A conclusive 73 per cent of respondents expect the cost of funding to worsen, while 17 per cent believe it will... READ MORE
Challenger mortgages records steady first half result
by Staff Reporter • 25 Feb 2008
Earnings before tax also rose by 21 per cent to $52 million for the six month period; residential mortgages under... READ MORE
Housing shortage to continue in 2008
by Staff Reporter • 21 Feb 2008
HIA NSW executive director Graham Wolfe today said the prospect of further interest rate rises, coupled with rental... READ MORE
Borrowers to re-negotiate rather than refinance
by Staff Reporter • 18 Feb 2008
Only 56 per cent of respondents to Mortgage Business’ weekly straw poll expect to see an increase in borrowers... READ MORE
Perth property ripe for investors: REIWA
by Staff Reporter • 18 Feb 2008
“Based on the preliminary figure, Perth’s growth rate for the entire year was just 1.1 per cent,”... READ MORE
GMAC investors plan for worsening mortgage environment
by Staff Reporter • 15 Feb 2008
Cerberus has a 51 per cent holding interest of GMAC Financial Services.
In a letter to investors, Stephen Feinberg,... READ MORE
Over 60s still confused about reverse mortgages
by Staff Reporter • 14 Feb 2008
According to the report, 78 per cent of over 60s surveyed had heard of reverse mortgages yet as little as 40 per cent... READ MORE
NZ to create affordable housing supply
by Staff Reporter • 14 Feb 2008
The plan focuses chiefly on improving supply rather than subsidising home loans, which Prime Minister Helen Clark... READ MORE
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