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Foreign investors ‘not competing with first home owners’
by Stefanie Garber • 4 Jun 2014
Another property group has contradicted the popular view that offshore investors are pushing locals out of the market. READ MORE
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RBA announces cash rate decision - Jun 2014
by Staff Reporter • 3 Jun 2014
The Reserve Bank of Australia has announced the outcome of its monthly board meeting. READ MORE
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Broker saves clients in $200k loan fraud
by Nick Bendel • 3 Jun 2014
A Melbourne broker has swooped in at the last moment to help two loan fraud victims save their house after a four-year... READ MORE
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Have house prices finally peaked?
by Staff Reporter • 3 Jun 2014
Two pieces of evidence suggest the market might have peaked: prices have just fallen and the market has almost reached... READ MORE
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Loan writers reveal pros and cons of working in nation's top suburbs
by Kylie Purcell • 3 Jun 2014
Brokers in Australia’s best-performing suburbs have been “incredibly active” but feel concerned about first home... READ MORE
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Building increases but confidence declines
by Staff Reporter • 3 Jun 2014
Building and consumer sentiment surveys from before and after the federal Budget have painted conflicting views about... READ MORE
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Borrowers turn from fixed rates to variable rates
by Staff Reporter • 3 Jun 2014
Variable rates have grown in popularity as intense competition has forced lenders to offer discounts. READ MORE
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Aggregators demand reform for cancelled accreditations
by Nick Bendel • 2 Jun 2014
Brokers have been urged to band together and hold lenders responsible when they cancel accreditations without... READ MORE
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Bank ‘very likely’ to reinstate trail in first year
by Nick Bendel • 2 Jun 2014
Two banks may be just three months away from reinstating trail in the first year, according to Connective. READ MORE
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Ray Hair joins Homeloans, replaces Greg Mitchell
by Staff Reporter • 2 Jun 2014
Homeloans has said new recruit Ray Hair will bring “astute commercial skills and proven leadership skills” to the... READ MORE
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Some banks rise, some fall, new lending stats show
by Nick Bendel • 2 Jun 2014
Two non-majors were the big movers in loan volumes in the past year, while each of the big four banks also grew its... READ MORE
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FBAA diversifies into vendor finance
by Staff Reporter • 2 Jun 2014
The FBAA has responded to the growth in vendor finance for property by offering to represent the sector’s interests. READ MORE
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Another man arrested in alleged $100m loan fraud case
by Staff Reporter • 30 May 2014
Victoria Police has arrested a third man as part of an ongoing investigation into an alleged $100 million fraud... READ MORE
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Bank flags possible commission changes
by Nick Bendel • 30 May 2014
One lender has said it might follow Westpac and the Commonwealth Bank in changing its commission structure if the... READ MORE
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Six banks hit in alleged $100m loan fraud
by Staff Reporter • 30 May 2014
A professional poker player has allegedly used a home loan scam as part of a fraud scheme that reaped $100 million, a... READ MORE
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New home loan product could save borrowers $3,000 per year
by Staff Reporter • 30 May 2014
One non-bank lender has unveiled a 4.69 per cent home loan that comes with free financial planning and insurance... READ MORE
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Shock: housing at most affordable levels since 2002
by Staff Reporter • 30 May 2014
Housing is now at its most affordable levels in 12 years, thanks to growth in disposable incomes, according to new... READ MORE
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Expanding lender ‘well-placed for further growth’
by Nick Bendel • 30 May 2014
Homeloans has achieved its “best mortgage volumes in three years”, according to the lender’s outgoing general... READ MORE
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Broker celebrates record $55m month
by Nick Bendel • 29 May 2014
One broker has already written $105 million of loans in 2014, thanks in part to a record month and a record loan. READ MORE
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Fast mortgage growth should ring alarm bells: APRA
by Nick Bendel • 29 May 2014
Banks that grow their loan books faster than their competitors could be guilty of poor lending practices, according to... READ MORE
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Aggregator helps brokers diversify with new lender deal
by Staff Reporter • 29 May 2014
One of Australia’s largest aggregators has added another lender to its 40-strong panel. READ MORE
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Lender competition continues with risk fee cut
by Staff Reporter • 29 May 2014
One mortgage manager has removed its risk fee to help credit-impaired clients enter the market. READ MORE
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Non-major bank targets sub-80 LVR loans
by Nick Bendel • 29 May 2014
Suncorp Bank has posted 5.7 per cent growth in its mortgage book despite adopting a “more conservative” lending... READ MORE
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NSW broker convicted of loan fraud
by Staff Reporter • 28 May 2014
A former NSW-based mortgage broker has been convicted of falsifying loan application documents following an ASIC... READ MORE
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Brokers support clawback principle
by Nick Bendel • 28 May 2014
The prudential regulator of the Australian banking sector has endorsed lenders clawing back commissions from... READ MORE