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Growth
Expected rate rise confirmed
by Staff Reporter • 7 Nov 2007
Interest rates climbed to 6.75 per cent this morning following yesterday’s RBA board meeting.
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Fixed rate loans on the rise
by Staff Reporter • 6 Nov 2007
The proportion of property buyers opting for fixed-rate mortgages has soared 40 per cent in the past three months,...
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Strong growth in Australian housing market
by Staff Reporter • 2 Nov 2007
Australian residential property prices grew by a stunning 12.34 per cent over the last year in spite of spiralling...
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US rates slashed to buoy economy
by Staff Reporter • 2 Nov 2007
The Federal Reserve has cut rates by 25 basis points to 4.5 per cent in response to fears of a slowing US economy.
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St George reports steady growth in home loan lending
by Staff Reporter • 2 Nov 2007
St George Bank’s residential loan portfolio (including securitised loans) reached its 10-12 per cent annual...
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Firstfolio strengthens presence in high-growth Queensland markets
by Staff Reporter • 1 Nov 2007
ASX-listed Firstfolio Ltd has ramped up its sales and distribution presence in the north Queensland and Gold Coast...
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Defaults rise across Australia
by Staff Reporter • 31 Oct 2007
Credit defaults have increased dramatically over the past 12 months as rising interest rates and income hardships hit...
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Low doc loans still popular despite rate increases
by Staff Reporter • 29 Oct 2007
The low doc loan market grew by 26 per cent to reach $8.4 billion last year, despite being hampered by surging...
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Sub-prime bomb stoppable with risk analysis
by Staff Reporter • 26 Oct 2007
The US sub-prime contagion was predictable ten months before it occurred if banks fund managers and insurers had...
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GMAC-RFC pilot program takes flight
by Staff Reporter • 26 Oct 2007
Selected brokers from the FAST, Astute and The Mortgage Professionals aggregation groups will take part in...
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