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FHBs turning to property investment
The number of first-time property buyers purchasing an investment over a home is increasing, according to new data.
BORROWER • Tue, 13 Dec 2016
Major bank lifts rates, rolls out new interest-only products
Australia’s largest lender has lifted its variable rates for property investors and revealed it will introduce new interest-only products in March.
LENDER • Tue, 13 Dec 2016
Brokers back FBAA
A new straw poll has found that the majority of mortgage brokers think the Finance Brokers Association of Australia's performance over the last 12 months has been 'very ...
BROKER • Mon, 12 Dec 2016
Banned broker loses appeal
The Administrative Appeals Tribunal has affirmed the Australian Securities and Investments Commission's decisions to permanently ban a former Perth-based finance broker ...
BROKER • Mon, 12 Dec 2016
MFAA slams proposed single EDR scheme
The Mortgage & Finance Association of Australia has rejected key elements of the Ramsay Review’s interim report on external dispute resolution (EDR).
BROKER • Mon, 12 Dec 2016
UK mortgage giant to partner with Australian brokerage
One of the UK’s largest mortgage players has partnered with an established local brokerage as it readies to launch into the Australian third-party channel.
BROKER • Sun, 11 Dec 2016
Bank hikes variable rates
Another non-major bank will increase its standard variable interest rates on residential property loans.
LENDER • Sun, 11 Dec 2016
Credit Ombudsman responds to FCA survey
The Credit and Investments Ombudsman (CIO) has responded to a report issued by Financial Counselling Australia, setting out the results of a survey of its members ...
BORROWER • Sun, 11 Dec 2016
ANZ reprices investor loans
The big four bank has today announced that its variable mortgage rates for property investors will rise in response to changing market conditions.
LENDER • Fri, 09 Dec 2016