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Lender
ING DIRECT reduces fixed rates
by Staff Reporter • 8 Jan 2010
ING DIRECT has dropped the interest rate on its two, three, four and five year fixed rate residential mortgage products.
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Building approval numbers recover after fall
by Staff Reporter • 7 Jan 2010
The total number of dwellings approved rose 5.9 per cent in November 2009 following a fall in October, according to ABS...
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CBA tops majors in mortgage lending
by Staff Reporter • 7 Jan 2010
CBA led the majors in November, recording the highest value of owner-occupied and investment housing loans, according...
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Rate gap spurs refinancing activity
by Staff Reporter • 6 Jan 2010
Brokers have seen an upswing in refinancing activity with some customers opting to switch out of Westpac loans in...
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CBA improves customer satisfaction
by Staff Reporter • 4 Jan 2010
The Commonwealth Bank of Australia has topped the majors in terms of customer satisfaction improvement.
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NAB looks to expand o/s presence
by Staff Reporter • 4 Jan 2010
NAB is looking for acquisition targets abroad and is already gearing up for the takeover of UK banking establishment...
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Rising rates to drive refinancing activity in 2010
by Staff Reporter • 30 Dec 2009
Three rate rises in the final months of 2009 with further increases expected in 2010 will prompt an upswing in...
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Rosy year ahead for big banks
by Staff Reporter • 29 Dec 2009
Australia's major banks are tipped to increase profitability in 2010, as bad debts decline and they leverage the market...
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US taxpayers to prop up mortgage lenders
by Staff Reporter • 29 Dec 2009
Ailing US lending giants Fannie Mae and Freddie Mac are to receive further government support, the treasury announced...
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Rising bank margins to limit cash rate hikes
by Staff Reporter • 29 Dec 2009
Wider bank margins will limit rate hikes over 2010 according to AMP chief economist Shane Oliver.
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