News

Friday, 21 Jul 2017

Two lenders have announced reductions to fixed interest rates on principal and interest loans. ...

07:50 AM, 21 Jul 2017

Auswide Bank has announced a raft of changes to its credit policy, stripping off-the-plan purchases and owner-builder loans from its acceptable loan list. ...

07:45 AM, 21 Jul 2017

Eight new entrants and four franchise groups made it into this year’s Top 25 Brokerages ranking, revealing the eclectic mix of successful brokerages. Find out who took the top spot. ...

16:16 PM, 20 Jul 2017

A Queensland broker who was found guilty of submitting false documents to support mortgage applications has had her sentence reduced. ...

15:32 PM, 20 Jul 2017

Members of the mortgage broking and banking industries have agreed the framework to develop an industry response to ASIC’s report on mortgage broker remuneration. ...

14:10 PM, 20 Jul 2017

Two non-major banks have released revised turnaround times for home loans, stating that they can now service PAYG customers in around two days. ...

07:45 AM, 20 Jul 2017

Led by a jump in Sydney, the overall number of national residential vacancies is 78,314 in June 2017, giving a national vacancy rate of 2.4 per cent, data released this week by SQM Research has rev...

07:30 AM, 20 Jul 2017

COBA has praised the government on moving quickly to allow all credit unions and building societies to use the term ‘bank’. ...

15:33 PM, 19 Jul 2017

As consumer groups call for “urgent action” on trail commissions, one Sydney mortgage professional has started donating his trail to a national charity in an effort ...

07:50 AM, 19 Jul 2017

The FBAA has hit out at an article released by CHOICE this week, which suggested that mortgage brokers are targeting “Australians battling medical conditions, unemployment and addiction” due to...

07:40 AM, 19 Jul 2017

The chief executive of a leading aggregator has said that the broking industry has grown as a result of “a lot more diversity being embraced”. ...

17:04 PM, 18 Jul 2017

A non-major lender and a mortgage manager have announced changes to maximum LVR ratios. ...

17:00 PM, 18 Jul 2017

Enough now. The attack on brokers is getting out of hand. Also, the irony of a consumer group called ‘CHOICE’ trying to kill off an industry that provides customers with choice is not lost on m...

first-time homebuyers, stress, struggle, mortgage, investment

15:50 PM, 18 Jul 2017

First-time home buyers are currently having a hard time navigating the mortgage maze, with Queensland having the highest number of stressed buyers. ...