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Growth

US keeps cash rate on hold

by Staff Reporter • 18 Dec 2009
The Federal Open Market Committee headed by chairman Ben Bernanke said there had been “some improvement in economic... READ MORE

RHG defaults on $300m loan

by Staff Reporter • 18 Dec 2009
According to a report by AAP, the court ruled yesterday that the listed mortgage owner was in default on a loan used... READ MORE

Christmas activity expected to surge

by Staff Reporter • 18 Dec 2009
According to RP Data’s national research director Tim Lawless, relatively low interest rates, government stimulus... READ MORE

Firstfolio deepens distribution channel

by Staff Reporter • 17 Dec 2009
Medibank Private is the third financial services partner to sign up to BLOOM, a proprietary business-to-business... READ MORE

Mortgage lending growth at 10 yr low

by Staff Reporter • 16 Dec 2009
According to the annual Deloitte Australian Mortgage Report: 2010 positioning for opportunity, the days of outstanding... READ MORE

Fixed rate popularity slides further

by Staff Reporter • 16 Dec 2009
According to a report by Mortgage Choice, fixed rate products have accounted for less than 10 per cent of the... READ MORE

Credit unions, building societies enjoy double-digit growth

by Staff Reporter • 16 Dec 2009
Total housing loans for credit unions grew by 10.8 per cent to $31.2 billion over the year to September, while total... READ MORE

Median house price up $20,000

by Staff Reporter • 14 Dec 2009
The report showed house prices had jumped to $481,310 from $462,180 – the highest level median prices have reached... READ MORE

Rates to rise in February

by Staff Reporter • 11 Dec 2009
NAB’s chief economist Alan Oster told Mortgage Business he expects rates to increase in February and March on the... READ MORE

Macquarie raises $215 RMBS

by Staff Reporter • 11 Dec 2009
According to a report by Moody’s, the securitised issue, called Peregrine Series Trust 2009-1, was not sold to... READ MORE

Liberty strengthens third-party team

by Staff Reporter • 11 Dec 2009
Mr Mohnacheff led Liberty’s sales team between 2001 and 2006 before leaving to take on the role of managing director... READ MORE

AFM lifts rates by just 0.1pc

by Staff Reporter • 10 Dec 2009
The increase in the rate is 0.15 per cent less than the Reserve Bank’s 25 basis points rate hike announced last... READ MORE

NZ keeps rates on hold at 2.5pc

by Staff Reporter • 10 Dec 2009
Reserve Bank Governor Alan Bollard said while the economy continued to show shoots of recovery, uncertainty about the... READ MORE

Homeowners brace for further rate rises

by Staff Reporter • 9 Dec 2009
According to Mr Oster, the Reserve Bank is likely to raise rates twice early next year and then leave them on hold for... READ MORE

Job ad strength suggests economic recovery

by Staff Reporter • 8 Dec 2009
The rise in job advertisements follows a 1.7 per cent drop in October. Despite the recent increase, the total number... READ MORE
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