The federal government is set to take over regulation of non-bank lending and mortgage broking, The Australian Financial Review reported today.
Melbourne rental vacancies have fallen for the first time on record below one per cent.
Rents are increasing at rapid rates throughout the country, with the nation’s capital now the most expensive location for renters.
Despite some lenders scaling back wholesale funding due to tough market conditions, ING DIRECT has announced a new funding relationship with mortgage manager Resi.
The official US cash rate was slashed again overnight by 75 basis points to 2.25 per cent.
Inflation proved once again a significant factor in the RBA’s decision to lift interest rates this month, minutes released today revealed.
Housing prices have increased significantly compared to incomes over the last two decades, according to the AMP/NATSEM Income and Wealth Report released today.
The US Federal Reserve (Fed) has announced two measures this week to “bolster market liquidity” and “promote orderly market functioning”.
The MFAA, showing support for the non-bank sector, has encouraged Australian borrowers to consider both banks and non-banks when looking to switch lenders.
Consumer confidence has been dented but further rate rises may be on the cards.
The share of new loans originated by the broker channel has incre...
The new best interests duty would provide lenders with a greater ...
The non-major has revised its guarantor policy in response to pro...