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Borrower
Affordability worsens for first home buyers
by Staff Reporter • 22 May 2008
The HIA-CBA First Home Buyer Affordability Index fell during the first quarter this year by 3.5 per cent – 10...
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Mortgage delinquencies to increase: Fitch
by Staff Reporter • 21 May 2008
Mortgage delinquencies rose in the first quarter of 2008 and are expected to increase further as the impact of...
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Borrowers escaped rate rise by skin of their teeth in May
by Staff Reporter • 21 May 2008
Borrowers were close to being hit with another interest rate hike this month, according to the minutes of the RBA May...
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US housing starts experience April recovery
by Staff Reporter • 20 May 2008
Housing starts in the US rose more than expected during April to reach a seasonally-adjusted 1,032,000, the US...
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Budget may slow investor activity
by Staff Reporter • 16 May 2008
Tax cuts announced in the Federal budget this week could slow investor activity and worsen the plight for renters, RP...
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Significant reduction to Virgin Money mortgage origination
by Staff Reporter • 15 May 2008
Increased funding costs and a reduction in available credit saw Virgin Money scale back on residential mortgage...
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Inflation set to decline: RBA
by Staff Reporter • 12 May 2008
The economy is set for a period of below-trend growth as well as an easing in inflationary pressures, the RBA said on...
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Rates not the monster behind mortgage stress
by Staff Reporter • 9 May 2008
Rising interest rates are not the defining cause of mortgage stress, according to mortgage insurer Genworth...
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Macquarie?s reverse mortgages off the market indefinitely
by Staff Reporter • 9 May 2008
Ongoing deterioration in global credit markets and the continued increase in the cost of funds have forced Macquarie...
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Mortgage lending set for tough 18 months
by Staff Reporter • 7 May 2008
Flagging consumer sentiment, record low housing affordability and the global credit crunch are all expected to take...
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