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Breaking News
MFAA reforms will allow members to elect board
by Nick Bendel • 12 Aug 2014
MFAA members will directly elect their board under new rules, although the board itself will choose Phil Naylor’s...
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ANZ follows other big four banks in cutting five-year rates
by Nick Bendel • 12 Aug 2014
All four majors now offer five-year fixed rates under five per cent after ANZ cut its rates.
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La Trobe Financial cuts rates by 139 points
by Staff Reporter • 12 Aug 2014
La Trobe Financial has reduced its rates by up to 139 basis points and also introduced a clearer pricing policy.
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Bendigo & Adelaide Bank grows broker income by 8.8pc
by Nick Bendel • 12 Aug 2014
Bendigo & Adelaide Bank has reported growth in its third-party business, although first home buyers’ share of...
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Renovations trend may be distorting property market
by Staff Reporter • 12 Aug 2014
Renovations may be good news for builders but they’re bad news for first home buyers, according to one lender.
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New lenders ‘very interested’ in broker channel: Haron
by Nick Bendel • 11 Aug 2014
Connective director Mark Haron has told brokers they can expect more lenders to follow Bank of Sydney into the...
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Resimac cuts risk fees
by Staff Reporter • 11 Aug 2014
Resimac Financial Services has made life easier for specialist clients by reducing its risk fees and adding credit...
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Reserve Bank forecasts more property growth
by Nick Bendel • 11 Aug 2014
The Reserve Bank of Australia has painted a positive picture of the housing market but taken a slightly gloomier view...
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Lending numbers rise as first home buyer numbers fall
by Staff Reporter • 11 Aug 2014
Australians continue to buy and build homes in large numbers, but first home buyers are still leaving the market,...
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Property prices set for spring showdown: RP Data
by Staff Reporter • 11 Aug 2014
RP Data has forecast that the “real test for the market” will come in late 2014, although property prices are...
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Bank of Sydney to enter third-party channel
by Nick Bendel • 8 Aug 2014
A new bank that is about to enter the third-party channel has promised brokers generous commissions and a favourable...
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Bankwest cuts fixed rates by 75 points
by Staff Reporter • 8 Aug 2014
Bankwest has become the latest bank to cut its five-year rates, while it has also made changes to its other fixed...
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QBE report reveals why people use a bank or broker
by Nick Bendel • 8 Aug 2014
A significant number of borrowers believe going direct to lender is more convenient and produces a better deal,...
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ASIC urged to take charge of credit repair industry
by Nick Bendel • 8 Aug 2014
The credit repair industry should be regulated by ASIC and be legally required to act in clients’ best interests,...
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Bluebay Home Loans expands BDM network
by Nick Bendel • 8 Aug 2014
Bluebay Home Loans has appointed a new BDM and flagged plans to add further relationship managers.
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Teachers Mutual Bank cuts two-year rate to 4.67pc
by Staff Reporter • 7 Aug 2014
Teachers Mutual Bank has reduced its two-year fixed rate from 4.83 per cent to 4.67 per cent.
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Broker opens overseas outsourcing business
by Nick Bendel • 7 Aug 2014
A mortgage broker has launched a processing hub in India that he said would allow brokers to focus on sales rather than...
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Heritage Bank targets an increase in broker sales
by Nick Bendel • 7 Aug 2014
Heritage Bank has revealed plans to grow its third-party sales through new products after its broker business went...
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Sydney bubble unlikely to burst
by Staff Reporter • 7 Aug 2014
Sydney property prices are set to keep increasing due to population and land pressures, according to a local buyer’s...
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Advertising guru and RAF pilot to speak at mortgage conference
by Staff Reporter • 7 Aug 2014
Loan Market has recruited a famous advertising executive, a former war pilot and a business futurist to address its...
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No link between commissions and recommendations, say brokers
by Nick Bendel • 6 Aug 2014
Opinion is divided on why lenders have been increasing their commissions, with brokers insistent that it doesn’t...
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Aussie Home Loans launches 4.74pc construction loan
by Staff Reporter • 6 Aug 2014
Aussie Home Loans has unveiled a 4.74 per cent construction loan in response to the “surging demand for new homes and...
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Brokers here to stay: Mozo
by Nick Bendel • 6 Aug 2014
Traditional mortgage broking will always have a future despite the “strong growth” of digital rivals, according to...
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Banks chasing credit assessors and mortgage staff: Hays
by Staff Reporter • 6 Aug 2014
The buoyant lending market has fuelled an “ever-increasing demand” for credit assessors, according to one...
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Gen Ys most positive about property: report
by Staff Reporter • 6 Aug 2014
Australians born after 1981 are the most optimistic about property prices, one property portal has found.
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