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BoE plans to unblock credit markets

The Bank of England (BoE) has announced plans to unblock capital markets by swapping mortgage-backed securities for government bonds. ...
April 04, 2020

Adelaide’s residential property sector is the fastest growing capital city market in Australia, RP Data’s 'Property Pulse' revealed yesterday.

April 17, 2008

Mortgage manager Firstfolio has announced a new distribution partnership with Queensland mortgage services group MyLender.

April 17, 2008
Results of the Australian Property Institute’s Australian Property Directions Survey, released yesterday, indicated that Sydney’s residential market offered ...
April 17, 2008

First Permanent has reportedly withdrawn from the mortgage market.

April 17, 2008
Contrary to reports in the trade press, Australian Seniors Finance (ASF) has confirmed with Mortgage Business that the company will continue to offer loan products to th...
April 17, 2008

Data released by Mortgage Choice today showed that borrower demand for fixed-rate home loans is slowing.

April 16, 2008

The Westpac announcement to cut broker commissions has given further cause to sections of the Australian media to attack the broker channel.

April 16, 2008

RBA governor Glenn Stevens yesterday revealed that the bank’s approach to any flailing domestic institutions would be conservative and limited.

April 15, 2008

The first round of data on residential property performance for March was released yesterday, indicating a still cautious but more confident mood in the market.

April 15, 2008
Minutes from the RBA’s April meeting released today suggest that banks and lenders’ independent rate rises will be sufficient to reduce expansionary pressures on in...
April 15, 2008

Lending finance figures released today indicated that 12 year high interest rates are taking their toll not just on home buyers but also on business.

April 15, 2008
One of America’s largest banks, Wachovia, reported a net loss for the first quarter of 2008 of US$393 million ($424.3 billion) compared with earnings of US$2.3 billion ($...
April 15, 2008
The MFAA has urged the Government to consider implementing an Australian version of the Canadian Mortgage and Housing Corporation – or what has been dubbed an “Auss...
April 15, 2008

After months of speculation Westpac has broken ranks from the big four banks and reduced broker commissions.

April 14, 2008
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