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Competitive pricing returning to mortgage market

by Staff Reporter • 14 Dec 2009
Yellow Brick Road will offer a standard variable rate of 6.34 per cent – 42 basis points lower than Westpac’s... READ MORE

Homebuyers out in force

by Staff Reporter • 14 Dec 2009
Despite three interest rate hikes in as many months, bidders were out in force on what has traditionally been the... READ MORE

NSW borrowers worst for repaying mortgages

by Staff Reporter • 8 Dec 2009
The report, Australian Mortgage Delinquency by Postcode, found Nelson Bay on NSW’s north coast to be the worst... READ MORE

Homebuyers not deterred by lessened grant

by Staff Reporter • 7 Dec 2009
Originally $14,000 for established homes and $21,000 for new properties, the boost was reduced to $10,500 for... READ MORE

National Mortgage Company guarantees approval times

by Staff Reporter • 4 Dec 2009
The company’s head of mortgage origination Jeff Chapman told Mortgage Business that the guarantee was a unique... READ MORE

Mortgage manager cuts low doc pricing

by Staff Reporter • 2 Dec 2009
The mortgage manager is gearing up to reduce the pricing on its low doc loans by at least 0.50 per cent and reduce... READ MORE

Credit unions consolidate to remain competitive

by Staff Reporter • 2 Dec 2009
According to KPMG’s Building Societies and Credit Unions Survey 2009, merger activity in the sector has accelerated... READ MORE

Symond calls for RBA to hold rates

by Staff Reporter • 30 Nov 2009
Executive chairman of Aussie John Symond said that despite economic improvement expected in 2010, credit is still in... READ MORE

Housing construction upswing for 2010

by Staff Reporter • 30 Nov 2009
Such increase is “typically the case in the earlier stages of an economic recovery” the report said. By contrast,... READ MORE

American judge wipes mortgage

by Staff Reporter • 30 Nov 2009
Supreme Court Judge Jeffrey Spinner ruled that the Yano-Horoski couple were no longer indebted to Indymac Bank F.S.B.... READ MORE

Australia leader in global housing market recovery

by Staff Reporter • 27 Nov 2009
Of 27 countries Australia’s housing market recovery was the second best performer on a global basis, with house... READ MORE

Resources boom to boost housing industry

by Staff Reporter • 27 Nov 2009
At the 6th National Housing Conference in Melbourne yesterday, Mr Battellino said that the key implications for the... READ MORE

Honeymoon rates could bite recent first home buyers

by Staff Reporter • 26 Nov 2009
Mr Rushton said that many first home buyers were enticed to enter the market because of the increased government... READ MORE

Green shoots of recovery for non-banks

by Staff Reporter • 24 Nov 2009
The cost of funds is still horribly expensive for all lenders however. The ratings of the big banks undoubtedly... READ MORE

Drop in borrowers seeking super relief

by Staff Reporter • 23 Nov 2009
According to a report in The Australian Financial Review, the number of applications for early access to super savings... READ MORE
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