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Ray White buys Loan Market Group

by Staff Reporter • 16 Oct 2009
Ray White real estate owners, the White Family, have taken full ownership of the mortgage brokering operation Loan...READ MORE

Rates to hit 5.5pc by end 2011

by Staff Reporter • 16 Oct 2009
The official cash rate is forecast to hit 5.5 per cent by the end of 2011, according to the National Australia Bank’s... READ MORE

Suncorp confirms deal with Hooker

by Staff Reporter • 16 Oct 2009

Suncorp has officially sold the LJ Hooker real estate business back to the Hooker family for $67 million.

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WA property vacancies surge

by Staff Reporter • 16 Oct 2009
While vacancy rates are sitting at historic lows in NSW, it seems Western Australia is suffering from the... READ MORE

BoQ eyes acquisition targets

by Staff Reporter • 16 Oct 2009

The Bank of Queensland (BoQ) is gearing up for a potential acquisition, with view of increasing its loan book.

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Consumer sentiment continues solid upwards run

by Staff Reporter • 16 Oct 2009
Consumer sentiment has risen again in October despite the Reserve Bank of Australia’s (RBA) decision to raise rates... READ MORE

St George narrows in on Gen Y borrowers

by Staff Reporter • 16 Oct 2009
St.George Bank has stepped up its focus on first home buyers, launching a new product that will help them save for... READ MORE

RAMS appoints new head of broker

by Staff Reporter • 15 Oct 2009
RAMS Home Loans today appointed a new head of broker who will lead the lender’s third-party broker distribution... READ MORE

CBA, NAB deliver lowest comparison rate of the majors

by Staff Reporter • 15 Oct 2009
While all of the big banks passed on this month’s 25 basis point rate increase by the Reserve Bank of Australia (RBA)... READ MORE

Melbourne commercial vacancy rates at record lows

by Staff Reporter • 15 Oct 2009

Melbourne’s commercial property market is enjoying record low vacancy rates, according to CB Richard Ellis.

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UK house prices up

by Staff Reporter • 15 Oct 2009

UK house prices have delivered their strongest rise in two years, according to a new survey.

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Lenders given more investigation powers

by Staff Reporter • 15 Oct 2009

Lenders have been given the ability to conduct a more thorough review of a borrower’s repayment history.

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Lack of supply puts pressure on affordability

by Staff Reporter • 15 Oct 2009
The amount of new residential building work fell in the June 2009 quarter, indicating that a possible recovery in the... READ MORE

Demand for fixed rates plummets

by Staff Reporter • 15 Oct 2009
The number of borrowers taking out fixed rate mortgages continues to drop despite the increasing threat of further rate... READ MORE

BoQ chief blasts bank guarantee

by Staff Reporter • 14 Oct 2009
Bank of Queensland (BoQ) chief executive David Liddy has called on the government to minimise the differential fees... READ MORE

RateCity marks strong application growth

by Staff Reporter • 14 Oct 2009

Online mortgage provider RateCity has registered a 68 per cent jump in loan applications in August 2009.

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Reverse mortgages market grows

by Staff Reporter • 14 Oct 2009

Reverse mortgages have increased in popularity with older Australians, a new study has found.

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Mortgage broker faces $6.1m fraud charges

by Staff Reporter • 14 Oct 2009
A broker, who already stands accused of defrauding up to $5 million from his clients, has been charged with new... READ MORE

House prices tipped to climb 20pc

by Staff Reporter • 14 Oct 2009

Research from BIS Shrapnel suggests house prices will rise by nearly 20 per cent in the next three years.

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Low Sydney vacancy rates good for investors

by Staff Reporter • 13 Oct 2009
Sydney’s rental property market is in a stalemate, figures from the Real Estate Institute of NSW (REINSW) have... READ MORE

NAB revises rate and house prices forecast

by Staff Reporter • 13 Oct 2009
Following on from the Reserve Bank of Australia’s decision to raise the official cash rate by 25 basis points to 3.25... READ MORE

FirstMac quick off the mark for RMBS buy back

by Staff Reporter • 13 Oct 2009
The government’s $8 billion injection into the Residential Mortgage Backed Securities (RMBS) has found its first... READ MORE

RBA acted too soon: broker poll

by Staff Reporter • 13 Oct 2009
The majority of brokers believe the Reserve Bank of Australia (RBA) has acted prematurely in its decision to raise... READ MORE

Agencies could scupper self-employed lending

by Staff Reporter • 13 Oct 2009
The federal government hopes its latest $8 billion injection to the residential mortgage backed securities (RMBS)... READ MORE

Acquisitions in Mortgage Choice’s sights

by Staff Reporter • 13 Oct 2009
While Mortgage Choice continues to keep mum on its acquisition targets, chief executive officer Michael Russell is... READ MORE

Sydney and Melbourne auctions results cool

by Staff Reporter • 12 Oct 2009
Sydney and Melbourne’s run of strong auction clearance rates has dropped off as both cities failed to clear 75 per... READ MORE

Big four to raise rates above RBA

by Staff Reporter • 12 Oct 2009

Higher funding costs may force the big four banks to increase their rates beyond the official cash rate.

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Jobless fall puts pressure on cash rate

by Staff Reporter • 12 Oct 2009
A shock drop in the number of unemployed Australians may put pressure on the Reserve Bank of Australia (RBA) to raise... READ MORE

Mid-tier lenders receive $8bn RMBS boost

by Staff Reporter • 12 Oct 2009
Competition for mortgage lending has received a major boost with the announcement that the federal government has... READ MORE

UK holds interest rates at 0.5pc

by Staff Reporter • 9 Oct 2009
Australia is still the only country to have raised its official cash rate, after the Bank of England's Monetary Policy... READ MORE
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