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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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Job advertisements still soft: ANZ
by Staff Reporter • 4 Aug 2009
The total number of jobs advertised in the major metropolitan newspapers and on the internet fell by 1.7 per cent in... READ MORE
Investors buy big as confidence returns to property market
by Staff Reporter • 4 Aug 2009
Buyers are looking at the top end of the market forcing prestigious property prices up, Ray White’s deputy chairman... READ MORE
Clarification: Westpac slams broker legislation; Friday July 31
by Staff Reporter • 3 Aug 2009
Last Friday Mortgage Business reported on a story featured in The Australian that stated that National Credit Code... READ MORE
Clearance rates continue skyward trend
by Staff Reporter • 3 Aug 2009
The clearance rates for Sydney, Melbourne and Adelaide have all exceeded 70 per cent as the surprising resilience of... READ MORE
Westpac cuts bank fees after hiking interest rates
by Staff Reporter • 3 Aug 2009
Westpac has joined NAB to become the latest lender to cut a broad range of fees on credit cards as well as personal and... READ MORE
‘Big two’ banks tighten stranglehold on mortgage lending
by Staff Reporter • 3 Aug 2009
Westpac and CBA have tightened their grip on the national mortgage book by taking more than 85 per cent of the banking... READ MORE
Brokers split on prospects for property price growth
by Staff Reporter • 3 Aug 2009
Australian mortgage brokers are pessimistic about the immediate outlook for Australian residential house prices with... READ MORE
Sirianni voted new MFAA President-elect
by Staff Reporter • 2 Aug 2009
Joe Sirianni will soon take on the role of President-elect for the Mortgage and Finance Association of Australia... READ MORE
Rising house values improve consumer confidence
by Staff Reporter • 31 Jul 2009
Australian home prices have improved across all market segments in the first half of 2009, according to the RP... READ MORE
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