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Breaking News
Bank reveals new home loan competition
by Reporter • 4 Feb 2014
Westpac has launched a new campaign offering brokers' customers the chance to own their own homes sooner.
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RBA rate announcement - Feb 2014
by Staff Reporter • 4 Feb 2014
The Reserve Bank of Australia has announced the outcome of its February board meeting.
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Ex-Aussie broker admits: MFAA was right to expel me
by Nick Bendel • 4 Feb 2014
The mortgage broker expelled by the MFAA for “dishonest and fraudulent” conduct said the association was right to...
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ASIC warns public about crooked brokers
by Nick Bendel • 4 Feb 2014
ASIC has warned the public about mortgage fraud while praising brokers for trying to clean up the sector.
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Investors drive a record January
by Staff Reporter • 4 Feb 2014
Investor activity as a proportion of all home loans processed in NSW reached an all-time high in January, according to...
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Leading aggregator records largest ever quarter
by Staff Reporter • 4 Feb 2014
Capitalising on a hot property market, Connective’s broker members recorded their largest ever settlement quarter in...
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Sydney, Melbourne push values 1.2pc higher in January
by John Bastick • 4 Feb 2014
Property prices in the capital cities have continued 2013’s impressive gains with a 1.2 per cent increase for the...
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Broker banned: MFAA expels Sydney member
by Staff Reporter • 3 Feb 2014
The MFAA has expelled a Sydney broker for “dishonest and fraudulent” conduct.
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Mortgage broker blames diversification for $9.6m collapse
by Nick Bendel • 3 Feb 2014
The financial services group that collapsed with millions of dollars of debt has said it was too diversified for its...
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More lenders slash rates - Feb 2014
by Staff Reporter • 3 Feb 2014
Advantedge Financial Services (Advantedge) and Suncorp Bank (Suncorp) are the latest lenders to join the charge to gain...
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Sydney broker tipped to become first user of real-time verification...
by Nick Bendel • 3 Feb 2014
A Sydney software developer expects 20 per cent of mortgage brokers to be using its new verification app by the end of...
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Real estate lobby calls for first home buyer relief
by Stacey Moseley • 3 Feb 2014
The real estate industry’s peak body has asked the government to abolish stamp duty and make life easier for first...
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Loan Market boss to sell The Big Issue
by Nick Bendel • 3 Feb 2014
Loan Market’s executive chairman will join politicians and business leaders in selling The Big Issue today.
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Brokers forecast increased commissions
by Nick Bendel • 31 Jan 2014
Brokers have predicted the other major banks will follow Westpac’s lead and raise commissions.
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Brokers take advantage of Summit savings
by Staff Reporter • 31 Jan 2014
Registrations for the Better Business Summit surged this week, with brokers taking advantage of the early bird saving...
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Nearly one quarter consider switching lenders
by John Bastick • 31 Jan 2014
Borrowers are increasingly shopping around for a better deal, with 12 per cent of Australian mortgage holders switching...
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New home sales at five-year high
by Staff Reporter • 31 Jan 2014
The housing market experienced its first annual increase in five years, representing "a strong recovery" in the market...
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Major pays out $70 million to mortgage customers
by Staff Reporter • 31 Jan 2014
ANZ is paying out $70 million to mortgage customers after failing to pass on interest rate reductions and over-charging...
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Westpac increases commissions
by Staff Reporter • 30 Jan 2014
One of the big four banks has increased its upfront commissions by as much as 30 per cent.
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Commission increases on the horizon: Hewitt
by Michael Masterman • 30 Jan 2014
Brokers should expect more commission increases as lenders compete for greater broker market share, according to the...
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Record competition good news for brokers
by Michael Masterman • 30 Jan 2014
Competition in the mortgage market is as fierce as it has ever been, according to general manager, distribution at NAB...
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Mortgage broker liquidated by tax man
by Nick Bendel • 30 Jan 2014
A Queensland mortgage brokerage formerly accredited with Australian Finance Group has been liquidated by the tax man.
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Mortgage manager signs funding deal with Resimac
by Staff Reporter • 30 Jan 2014
Australian Capital Group has added Resimac to its three-lender funding panel.
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Broker-real estate joint venture expands
by Staff Reporter • 30 Jan 2014
Australian Property Finance (APF) – 2013’s joint venture partnership between global real estate firm RE/MAX and...
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Non-major slashes fixed rates
by Michael Masterman • 29 Jan 2014
Following recent cuts to fixed rates by two major banks, a non-major has followed suit, slashing its fixed rates by up...
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