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Borrower

Fewer FHBs seek finance

by Staff Reporter • 28 Oct 2009
Mortgage Broker Loan Market Group has seen a 26 per cent drop in the number of enquiries from first home buyers since... READ MORE

Abandoning major banks could save borrowers $5.3b

by Staff Reporter • 27 Oct 2009
According to Infochoice’s first quarterly cost-of-banking report, mortgage customers could save $3,186 a year in... READ MORE

Hermes MD fights ‘unjust’ mortgages

by Staff Reporter • 26 Oct 2009
In December 2006 Ms Upton Baker borrowed $5.8 million secured against her Elizabeth bay apartment and in June 2007,... READ MORE

Housing affordability slides

by Staff Reporter • 23 Oct 2009
According to the report, affordability slipped 3.3 per cent in the September quarter, but was still 35.7 per cent... READ MORE

Obama breathes new life into US FHB market

by Staff Reporter • 20 Oct 2009
According to Reuters, the program aims to restart a source of mortgage financing for first time and low income buyers... READ MORE

FHBs retreat from market but sector still robust

by Staff Reporter • 20 Oct 2009
REIA president David Airey said he expects to see the number of first home buyers drop back down to normal levels... READ MORE

Ray White buys Loan Market Group

by Staff Reporter • 16 Oct 2009
Loan Market Group was formed two years ago when X Inc merged with Ray White Group’s Mortgage Organisation Channels... READ MORE

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
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