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Rates not the monster behind mortgage stress

Rising interest rates are not the defining cause of mortgage stress, according to mortgage insurer Genworth Financial’s Managin...
April 04, 2020
Ongoing deterioration in global credit markets and the continued increase in the cost of funds have forced Macquarie Mortgages to suspend its reverse mortgage product range &nd...
May 09, 2008

Three in four Australians hold financial institutions responsible for the current debt crisis, research by the Australia Institute revealed.

May 07, 2008

Bluestone has reiterated its strong support for brokers despite its decision to temporarily withdraw its reverse mortgage products from the channel.

May 07, 2008

Moody’s Australian RMBS Performance Review released yesterday confirmed the startling lack of activity in capital markets over the last year.

May 07, 2008
Flagging consumer sentiment, record low housing affordability and the global credit crunch are all expected to take their toll on Australian mortgage lending over the next year...
May 07, 2008
First home buyers in regional Victoria will be able to receive up to $15,000 in government assistance towards the purchase of their first homes, following the delivery of the s...
May 07, 2008

Despite uncertain economic conditions commercial property opportunities remain strong for investors, according to Deloitte.

May 06, 2008

NAB Broker announced yesterday it will gear its services towards what it believes will be an advice-based Australian mortgage broking industry.

May 06, 2008

St George delivered a record first half cash profit of $603 million today, 6.2 per cent up from the corresponding period last year.

May 06, 2008
The number of American banks that had tightened their lending standards increased significantly over the three months to April 2008, the Federal Reserve’s Senior Loan Off...
May 06, 2008

April mortgage sales for aggregation group Australian Finance Group (AFG) could reflect a significant slowdown in overall home loan growth.

May 05, 2008

The RBA has decided to leave the cash rate unchanged at 7.25 per cent.

May 05, 2008

Rising funding costs, shrinking liquidity and uncertainty over broker commissions have fuelled a surge of broker applications for white labelled funds.

May 05, 2008

House price indexes released by the ABS today confirmed that housing markets have slowed markedly because of the ongoing rise in borrowing costs.

May 05, 2008
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