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Home refinance activity increases during December

The value of housing loans refinanced during December 2007 rose a seasonally adjusted 6.6 per cent ($260 million) compared to November 2...
May 24, 2019
Federal Treasurer Wayne Swan approved four measures to tackle barriers to switching banks at Friday’s meeting with financial regulators, reports The Australian Financi...
February 11, 2008
Tens of thousands of borrowers will soon be looking to refinance their home loans as their fixed-rate mortgages expire this year. According to The Daily Telegraph...
February 11, 2008
Brokers may avoid selling low and no doc loans under proposed national industry legislation, broker groups have warned. According to The Australian Financial Review...
February 11, 2008
In a blow to the Queensland residential property sector over 200 residential building projects have been left in the lurch following the collapse of property group Real Propert...
February 11, 2008
NAB is the latest major bank to announce rate increases that exceed the RBA’s 25 basis points hike. NAB slapped 29 basis points onto its standard variable rate t...
February 08, 2008
Banks could move to offer better interest rates on deposit accounts to avoid sourcing funds from volatile credit markets, ABN Amro banking analyst Jarrod Martin told the Syd...
February 08, 2008
National Australia Bank (NAB) announced today that it has acquired approximately $1 billion of mortgages originated by RHG Ltd at net asset value. This announcement ca...
February 08, 2008
AMP Bank has surpassed CBA by dropping the biggest rate increase on borrowers since the February RBA rate rise, lifting its variable home loan rate by 33 basis points to 9.02 p...
February 08, 2008
The Bank of England’s Monetary Policy Committee reduced interest rates yesterday by 0.25 percentage points to 5.25 per cent due to moderating consumer s...
February 08, 2008
Office markets around the country have recorded their best performance in 20 years according to the Property Council’s latest Office Market Report. The re...
February 07, 2008
US-based GMAC Financial Services this week reported a US$724 million ($811 million) net loss for the fourth quarter, bringing its 2007 net loss to US$2.3 billion ($2.6 billion)...
February 07, 2008
Federal Treasurer Wayne Swan has fast-tracked plans to make switching between home loan providers easier after tensions escalated yesterday following CBA’s rate rise, ...
February 07, 2008
Federal Treasurer Wayne Swan has condemned the Commonwealth Bank’s (CBA) decision to lift its standard variable rate by 0.05 per cent more than the RBA’s official a...
February 06, 2008
The US Federal Reserve’s Senior Loan Officer Opinion Survey revealed this week that an increasing number of international financial institutions tightened their le...
February 06, 2008
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