Housing affordability for first home buyers in NSW improved slightly during the last quarter of 2007.
Consolidation has been tipped once again as the future for mortgage lenders The Advertiser reported today.
Property developers are adding luxury extras to housing estates in a bid to entice buyers, The Australian Financial Review reported today.
Australian consumers have become increasingly cautious about taking on extra debt, the Veda Advantage Credit Demand Index has revealed.
ASIC will commence its examination into home loan switching fees immediately in line with the Federal Treasurer’s call for a review.
Volatile market conditions and a rising rate environment could pave the way for a resurgent non-bank sector.
Inflation risks remain uncomfortably high and monetary policy is likely to need further tightening, the RBA warned today.
The value of housing loans refinanced during December 2007 rose a seasonally adjusted 6.6 per cent ($260 million) compared to November 2007, ABS data revealed today.
Tens of thousands of borrowers will soon be looking to refinance their home loans as their fixed-rate mortgages expire this year.
Brokers may avoid selling low and no doc loans under proposed national industry legislation, broker groups have warned.
NAB is the latest major bank to announce rate increases that exceed the RBA’s 25 basis points hike.
Industry heads have been “working tirelessly” to delay the in...
Former Bluestone executive Royden D’Vaz has joined Loan Market ...
The federal government’s funds manager has revealed the recipi...