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Loan Market group tips interest rates to rise

by Staff Reporter • 11 Aug 2009

Loan Market Group is tipping interest rates to rise dramatically in the coming months.

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NZ property market shows resurgence

by Staff Reporter • 11 Aug 2009
New Zealand house prices rose for the third month in July, signalling the property market is recovering and might help... READ MORE

Bendigo to boost third-party distribution

by Staff Reporter • 11 Aug 2009
Bendigo and Adelaide Bank has delivered a boost to the broker channel with the news that it is ready to ramp up its... READ MORE

Healthy home lending paves way for recovery

by Staff Reporter • 11 Aug 2009
A robust June quarter for new home lending is pointing to a recovery in dwelling starts over the second half of the... READ MORE

Buyers choose existing over new properties

by Staff Reporter • 11 Aug 2009
First home buyers and investors are shying away from new property, instead setting their sights on existing stock, the... READ MORE

CBA raises fixed rates - 2009

by Staff Reporter • 11 Aug 2009
The Commonwealth Bank of Australia yesterday confirmed that it will lift interest repayments on their fixed rate... READ MORE

Banks urged to step away from govt. support

by Staff Reporter • 10 Aug 2009
About $1 out of every $3 that banks raised in wholesale money markets during July was unguaranteed, The Australian... READ MORE

Clearance rates fall below 70pc

by Staff Reporter • 10 Aug 2009
Australia’s auction clearance rates were down below 70 per cent in every capital city except Melbourne on Saturday,... READ MORE

Demand for lower end property surges

by Staff Reporter • 10 Aug 2009
Competition is rife in the real estate market with soaring demand for affordable residential real estate prompting... READ MORE

Increased confidence pushes average mortgage size up: AFG

by Staff Reporter • 10 Aug 2009
Australian homeowners are taking on more debt, with the average size of a new mortgage rising to $354,000 in July, AFG... READ MORE

IMF delivers sombre outlook

by Staff Reporter • 10 Aug 2009
The International Monetary Fund’s (IMF) annual review of the Australian Economy has identified high levels of... READ MORE

Rates may rise to ‘normal level’: RBA

by Staff Reporter • 7 Aug 2009
The Reserve Bank of Australia (RBA) today revealed it will consider raising interest rates to a “normal level” if... READ MORE

Bankwest bolsters broker support

by Staff Reporter • 7 Aug 2009

Bankwest has revealed some fresh faces for its burgeoning national broker sales team.

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Ray White records solid Victorian sales figures

by Staff Reporter • 7 Aug 2009
Ray White yesterday reported a 26 per cent growth in statewide sales in Victoria on the back of strong first home owner... READ MORE

Heritage records ten consecutive years of profit

by Staff Reporter • 7 Aug 2009
Heritage Building Society has announced its tenth straight year of profit, reporting a before tax full year profit of... READ MORE

Major US lender suspended for fraud

by Staff Reporter • 7 Aug 2009

The Federal Housing Administration (FHA) has suspended Taylor Bean under suspicion of fraud.

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Housing price boom unlikely

by Staff Reporter • 7 Aug 2009
AMP Capital Investors' chief economist has warned home owners not to hold their breath for a boom-like recovery in... READ MORE

Unemployment rate holds firm

by Staff Reporter • 6 Aug 2009
The unemployment rate held steady over July, indicating that Australian businesses are riding out the economic downturn... READ MORE

US loan application rise

by Staff Reporter • 6 Aug 2009
The number of mortgage loan applications in the United States of America has risen by 4.4 per cent, the Mortgage... READ MORE

Investors poised for market return: Loan Market

by Staff Reporter • 6 Aug 2009
A Loan Market Group survey has revealed that a significant number of current investors are gearing to capitalise on... READ MORE

CBA slashes mortgage late payment, dishonor fees

by Staff Reporter • 6 Aug 2009
The Commonwealth Bank of Australia (CBA) is the latest major lender to slash its fees on personal and business... READ MORE

Banks may raise mortgage rates: ANZ

by Staff Reporter • 6 Aug 2009
Australia and New Zealand Banking Group (ANZ) chief executive Mike Smith has warned borrowers that the banks may have... READ MORE

Brokers brace for influx of first home buyers

by Staff Reporter • 5 Aug 2009
With money markets tipping interest rates to climb before Christmas and the government’s first home owner grant boost... READ MORE

RateCity tips variable over fixed

by Staff Reporter • 5 Aug 2009
Money markets are expecting interest rates to rise by more than 1.5 percentage points within a year after the Reserve... READ MORE

QBE hikes LMI prices

by Staff Reporter • 5 Aug 2009

QBE LMI today confirmed it will raise its LMI rates on higher LVR products.

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House price growth surges

by Staff Reporter • 5 Aug 2009
House prices are rising at their fastest pace since the 2003 boom, thanks to the FHOG boost and the Reserve Bank of... READ MORE

Variable still the preferred option

by Staff Reporter • 5 Aug 2009
Variable rate home loans are still the preferred option among borrowers, the Bankwest / Mortgage & Finance Association... READ MORE

Challenger voices concerns over National Credit Code

by Staff Reporter • 5 Aug 2009
Challenger has called on the federal government to ensure the National Consumer Credit Code legislation does not... READ MORE

Signs of increased building approvals boost confidence

by Staff Reporter • 4 Aug 2009
Signs of life in Australia’s real estate market are helping to increase consumer confidence, Housing Industry... READ MORE

Genworth hikes LMI prices by 20pc

by Staff Reporter • 4 Aug 2009

Genworth will raise its prices in the coming weeks due to the ongoing risks posed by rising unemployment.

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