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St George narrows in on Gen Y borrowers

by Staff Reporter • 16 Oct 2009
The bank’s general manager of intermediary distribution, Steven Heavey, said the SENSE product will help brokers... READ MORE

Lack of supply puts pressure on affordability

by Staff Reporter • 15 Oct 2009
According to figures from the Australian Bureau of Statistics (ABS), seasonally adjusted work done on new residential... READ MORE

Low Sydney vacancy rates good for investors

by Staff Reporter • 13 Oct 2009
According to the REINSW, the number of vacant rental properties across the city and in Newcastle remained stable at... READ MORE

FirstMac quick off the mark for RMBS buy back

by Staff Reporter • 13 Oct 2009
The company’s chief financial officer, James Austin, said while FirstMac was currently seeking support from the... READ MORE

UK housing market in recovery

by Staff Reporter • 7 Oct 2009
According to the Halifax division of Lloyds Banking Group, house prices climbed 1.6 per cent to an average of... READ MORE

Investors set to flood market: survey

by Staff Reporter • 7 Oct 2009
According to the results, 70 per cent of respondents would buy interstate and 66 per cent are looking for long-term... READ MORE

RBA pushes rates up 25bp

by Staff Reporter • 6 Oct 2009
The 25-basis-point rise pushes the central bank's cash rate to 3.25 per cent. RBA governor Glenn Stevens said the... READ MORE

Registration for Credit Reform delayed

by Staff Reporter • 1 Oct 2009
Last week, the minister for financial services Chris Bowen said that any broker who engages in certain credit... READ MORE

Macquarie eyes mortgage market re-entry

by Staff Reporter • 30 Sep 2009
Head of Macquarie Mortgages, Tim Brown, refused to comment on speculation that the bank had plans in place to resume... READ MORE

Lack of housing supply to hurt affordability

by Staff Reporter • 30 Sep 2009
Speaking at the Committee for Economic Development of Australia’s housing forum yesterday, the RBA’s Tony Richards... READ MORE

Obama administration to inject $40 billion into housing

by Staff Reporter • 29 Sep 2009
According to a report in The Australian, the injection of cash is expected to relieve the pressure on... READ MORE

FHBs make way for investors

by Staff Reporter • 29 Sep 2009
Aussie founder and executive chairman Mr John Symond said as of Thursday the $14,000 grant for established homes is... READ MORE

FHBs rush to beat grant wind-back

by Staff Reporter • 28 Sep 2009
Data from Australian Property Monitors showed that almost two-thirds of the 690 properties listed this weekend were... READ MORE

Borrowers back-off fixed rates

by Staff Reporter • 25 Sep 2009
Data from RateCity showed applications for fixed rate home loans has fallen steadily since June this year. In August,... READ MORE

Majors tighten on self-employed borrowers

by Staff Reporter • 24 Sep 2009
As of 5:00pm today, RAMS Home Loans will require all low doc loan applications to be supported by Business Activity... READ MORE
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