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Borrower
Mortgage stress to blow out in 2009
by Staff Reporter • 17 Dec 2008
While interest rate cuts have helped ease mortgage stress close to one million households could experience it by...
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Weak economic prospects prompted ?expansionary? rate setting: RBA
by Staff Reporter • 17 Dec 2008
The RBA’s one per cent December cut was driven by the need to shift monetary policy from neutral to...
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Mortgage stress drops 37pc nationwide
by Staff Reporter • 15 Dec 2008
Around 350,000 households have been rescued from mortgage stress as a result of the dramatic fall in interest rates...
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ABN AMRO cuts reverse mortgage rate
by Staff Reporter • 10 Dec 2008
ABN AMRO will reduce its reverse mortgage interest rate by 1.05 per cent next Monday following the Reserve...
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Reduced LVRs could hit borrower demand
by Staff Reporter • 10 Dec 2008
A tightening of maximum LVRs from lenders could clash with the rising demand for higher percentage loans as first home...
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First home buyer activity surges
by Staff Reporter • 9 Dec 2008
After remaining dormant for most of 2008 first home buyers are back with a vengeance according to sales figures...
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Affordability improves but credit a concern
by Staff Reporter • 1 Dec 2008
The first improvement in housing affordability since early 2007 is good news for the broking industry but there are...
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UK Government buys major RBS stake
by Staff Reporter • 1 Dec 2008
In the biggest bank bailout in the UK to date, the British government has purchased a majority stake in Royal Bank of...
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Mortgage industry inquiry to boost competition
by Staff Reporter • 28 Nov 2008
The MFAA has welcomed a report by the House of Representatives Economics Committee on competition in the banking and...
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Mortgage Ezy launches 3.99pc product
by Staff Reporter • 24 Nov 2008
The non-bank sector has upped the ante in its price war against the banks with the launch of a second 3.99 per cent...
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