Interest rate rises and affordability concerns have failed to deter prospective buyers, with brokerages such as X Inc registering sustained home lending queries.
Australia’s aggregators have warned that cuts to broker commissions could impact lenders’ volumes through the third party channel.
The total value of commercial finance commitments rose in November 2007, figures released today by ABS have revealed.
City Pacific Limited has withdrawn its merger proposal for investment and funds management company MFS Limited.
The Australian and New Zealand housing markets are the least affordable in the English speaking world, the 2008 Demographia Survey has revealed.
UK housing figures for December plummeted to lows not seen since Britain’s last recession in 1992 The Australian reported today.
The property market is proving to be a better investment choice than the share market after recording a bumper 2007, Residex CEO John Edwards said yesterday.
Almost 80 per cent of people who change mortgage providers when refinancing their home loan reap the benefits, the latest MFAA/BankWest survey has found.
The big four banks may be exposed to massive losses because of over-inflated commercial property valuations, The Australian reported today.
The total value of owner-occupied housing commitments rose by a seasonally adjusted 2.0 per cent ($298 million) in November.
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