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CBA tightens first home buyer criteria

CBA will require first home buyers to contribute at least 3 per cent of the purchase price on top of any government grants to sec...
December 14, 2019

Brokers are increasingly bullish that their businesses will grow over the coming quarter despite the worsening economic outlook.


March 07, 2009

Many brokers believe the property market still has some way to fall before staging a recovery.

March 07, 2009
The latest Mortgage Business Sentiment Survey has highlighted a division in broker opinion over the federal government’s strategy to attract first home buyers into the...
March 07, 2009

At last the doomsayers can proclaim ‘I told you so’, with the Australian economy having recorded its first quarter of negative growth.

March 07, 2009
A resurgent origination sector is now going head to head with the major banks on price, and once again brokers have a viable funding alternative to the banking sector ...
February 26, 2009
Banks outside the big five could see a bigger share of broker originated loans in 2009 but only if they can deliver products and pricing on par with the majors, a mortga...
February 19, 2009

A blowout in the big banks’ servicing times is continuing to hurt the broking industry.

February 19, 2009

BankWest has announced a reduced remuneration structure for brokers, following the end of its commission guarantee to its top six aggregation group.

February 19, 2009
Brokers will be buoyed by the news that housing finance activity soared in december – the result of lower interest rates, falling prices and federal government incenti...
February 19, 2009
While the indicators for borrowing activity in 2009 are looking up, many brokers believe further rate relief from the RBA is needed for a truly sustainable market recove...
February 19, 2009

Bank third-party servicing levels are again in the spotlight with reports that some of the majors are inflicting delays of two weeks or more on borrowers.

February 03, 2009
Freddie Mac has asked for a further US$13.8 billion (A$21.5 billion) US federal government lifeline after reporting a US$25.3 billion (A$39.4 billion) loss for the third qua...
January 05, 2009
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