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Breaking News
Top broker reveals simple tip to business growth
by James Mitchell • 8 Oct 2015
One of Australia’s leading loan writers has explained how mortgage brokers can pay for a personal assistant by...
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Loan Market director to harness ‘unrealised opportunities’
by Huntley Mitchell • 8 Oct 2015
Loan Market Victoria’s recently appointed associate director says he is determined to release the untapped potential...
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Auction market improves in Sydney, weakens in Melbourne
by Jay Garcia • 8 Oct 2015
After four weekends of decreasing clearance rates, Sydney saw a marginal improvement while Melbourne auctions were...
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ME reveals new variable rate
by James Mitchell • 7 Oct 2015
A non-major bank has announced a new variable rate for owner-occupiers that is only available for a limited time but...
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New valuation rules 'dropped like a bombshell'
by James Mitchell • 7 Oct 2015
A Queensland broker has expressed his frustration after failing to secure finance for off-the-plan purchasers following...
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Westpac unveils innovative mortgage technology
by Huntley Mitchell • 7 Oct 2015
Westpac has officially launched customer-centric technology that is set to change the way borrowers view the equity in...
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Lender rate rises could nullify future RBA cuts: Kolenda
by Huntley Mitchell • 7 Oct 2015
Future cash rate cuts by the Reserve Bank are likely to be negated by lenders who raise interest rates, according to...
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FHBs suffering greater mortgage stress
by James Mitchell • 7 Oct 2015
A new report has found that the number of first home buyers who experience mortgage stress has climbed drastically over...
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RBA reveals official cash rate
by James Mitchell • 6 Oct 2015
The Reserve Bank of Australia has revealed the result of its monthly board meeting.
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ASIC bans convicted broker
by Huntley Mitchell • 6 Oct 2015
ASIC has announced it has permanently banned a convicted mortgage broker from the credit and financial services...
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Brokers forced to look beyond banks, says CEO
by James Mitchell • 6 Oct 2015
The head of an ASX-listed non-bank lender is seeing a significant increase in broker-originated loans as the...
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Loan Market’s top broker opens Sydney branch
by Huntley Mitchell • 6 Oct 2015
The newly-crowned number one broker for Loan Market has opened the group’s first suburban branch in New South Wales.
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RBA to keep cash rate on hold: survey
by James Mitchell • 6 Oct 2015
Australia’s leading economists unanimously expect the Reserve Bank to leave the official cash rate on hold when it...
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New product helps brokers address an under-serviced market
by James Mitchell • 6 Oct 2015
An Australian non-bank lender has today launched a brand new product aimed at self-employed and small-business...
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Industry body won’t raise membership fees for two years
by James Mitchell • 6 Oct 2015
One of the mortgage broking industry’s peak bodies has vowed to keep membership fees steady for 24 months.
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Teachers Mutual praises brokers for ‘national image’
by Huntley Mitchell • 5 Oct 2015
Teachers Mutual Bank CEO Steve James has credited brokers for helping the bank achieve strong lending growth and...
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Connective bolsters executive team for retail offering
by Huntley Mitchell • 5 Oct 2015
Connective has announced the appointment of two key personnel to drive the group’s new retail aggregation service,...
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Fixed-rate demand hits four-year low
by Huntley Mitchell • 5 Oct 2015
Demand for fixed-rate home loans fell significantly last month, according to new research by Mortgage Choice.
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Govt considers reforms to protect property buyers
by James Mitchell • 5 Oct 2015
New South Wales has followed its underquoting reforms with a new set of proposals to protect off-the-plan buyers.
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More home sales losing money
by Reporter • 5 Oct 2015
More homes are selling at a loss than last year, with vendors incurring a $66,000 deficit in the average loss-making...
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Auswide unveils new variable rate with offset feature
by James Mitchell • 2 Oct 2015
Auswide Bank has announced a fresh variable home loan rate to brokers for a limited time.
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ING Direct to drive convergence of broking and planning
by James Mitchell • 2 Oct 2015
One of Australia’s largest mortgage lenders has appointed a new partnership manager to help promote the convergence...
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Two-tiered mortgage market here to stay
by Huntley Mitchell • 2 Oct 2015
The majority of lenders will eventually adopt differential pricing for home loans after new Reserve Bank figures...
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Sydney and Melbourne now ‘extreme seller’s markets’
by Reporter • 2 Oct 2015
New mortgage data has revealed that buyers in Australia’s two major capitals have found life harder and harder.
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ASIC imposes licence conditions on national brokerage
by James Mitchell • 1 Oct 2015
ASIC has imposed conditions on a national finance brokerage’s Australian Credit Licence (ACL) following an...
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