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Homebuyers not deterred by lessened grant
by Staff Reporter • 7 Dec 2009
Despite being reduced in October, Australians continue to take up the federal government’s first home owners grant...READ MORE
NAB tops majors with lowest rate
by Staff Reporter • 7 Dec 2009
There is now a 27 basis point spread between the highest and lowest variable rates amongst the major banks after the... READ MORE
CBA finds middle ground on rates
by Staff Reporter • 4 Dec 2009
CBA has this afternoon announced it will increase its variable mortgage rate by 0.37 per cent p.a.
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NAB challenges other majors
by Staff Reporter • 4 Dec 2009
NAB has thrown down the gauntlet to the other two majors, after raising its variable mortgage rate by just 25 basis... READ MORE
National Mortgage Company guarantees approval times
by Staff Reporter • 4 Dec 2009
In a bid to help brokers boost their customer proposition, National Mortgage Company has said it will offer five day... READ MORE
Liberty covers upfront expenses
by Staff Reporter • 4 Dec 2009
Liberty has given new borrowers an early Christmas present by vowing to cover all of their upfront expenses including... READ MORE
Hermes MD faces bankrupcy over unpaid loans
by Staff Reporter • 4 Dec 2009
Karen Upton Baker and husband Gary Baker have been served with a bankruptcy notice from Challenger, after failing to... READ MORE
RAMS low doc bags top spot
by Staff Reporter • 4 Dec 2009
RAMS SE Pro Pack 1 home loan has been named the cheapest non-bank low doc loan by Money magazine.
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AFG gears for market share grab
by Staff Reporter • 4 Dec 2009
Australian Finance Group (AFG) has reported a significant increase in the number of brokers looking to join the... READ MORE
Australians will cope with rate rise: MFAA
by Staff Reporter • 3 Dec 2009
Most Australians can cope with higher interest rates, because they are already paying above their rate, MFAA chief... READ MORE
Mortgage size soars, sales fall
by Staff Reporter • 3 Dec 2009
The average size of a new mortgage in Australia has climbed to a record high in November, as investors continue to... READ MORE
Sluggish building approvals will hurt industry: HIA
by Staff Reporter • 3 Dec 2009
Building approvals fell in October in a further sign that new home building recovery may lack the scale required to... READ MORE
Big two lead credit growth
by Staff Reporter • 3 Dec 2009
Westpac and the Commonwealth Bank lead the four majors in the latest credit growth numbers, accounting for 80 per cent... READ MORE
Pisces names new GM
by Staff Reporter • 2 Dec 2009
Pisces has appointed Vincent Turner as the company’s new general manager.
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Mortgage manager cuts low doc pricing
by Staff Reporter • 2 Dec 2009
In a bid to introduce some festive cheer to its brokers, Future Financial will roll out a series of positive product... READ MORE
Credit unions consolidate to remain competitive
by Staff Reporter • 2 Dec 2009
Companion Credit Union and Community CPS Australia have merged in an attempt to remain competitive in an ever... READ MORE
Westpac steps above RBA
by Staff Reporter • 2 Dec 2009
Following the Reserve Bank’s decision to raise the official cash rate by 25 basis points yesterday, Westpac has moved... READ MORE
ASIC guide helps get industry ready for credit laws
by Staff Reporter • 2 Dec 2009
The Australian Securities and Investment Commission (ASIC) has released a regulatory guide to help brokers prepare for... READ MORE
Loan Market acquires Plan NZ
by Staff Reporter • 1 Dec 2009
Loan Market New Zealand, a subsidiary of the Loan Market Group, has acquired PLAN New Zealand as part of its strategy... READ MORE
Brokers unhappy with Christmas rate rise
by Staff Reporter • 1 Dec 2009
The Reserve Bank has lifted the official cash rate 25 basis points for the third consecutive month, taking the rate to... READ MORE
Brokers call for rates halt
by Staff Reporter • 1 Dec 2009
Some of the biggest players in the broking industry are calling for a halt to any further interest rate rises by the... READ MORE
Home values climb in October
by Staff Reporter • 1 Dec 2009
After a fairly sluggish September, house values in Australia are once again on the rise.
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Liquidity facility rejected
by Staff Reporter • 1 Dec 2009
The federal government has ruled out using some of the $8 billion it will inject into the residential mortgage backed... READ MORE
New aggregator group to “take on majors”
by Staff Reporter • 1 Dec 2009
The new Macquarie backed aggregation group sees the banks rather than other brokerages as the competition.
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Fewer homes being sold, but at a higher price
by Staff Reporter • 1 Dec 2009
Contradictory housing data is sending mixed signals to the Reserve Bank who will today decide whether or not to raise... READ MORE
December rate rise less likely
by Staff Reporter • 30 Nov 2009
The odds for a rate rise are lengthening but there are still strong grounds for a December rate hike.
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Auction clearance results march on
by Staff Reporter • 30 Nov 2009
Auction clearance results in Sydney and Melbourne have showed no signs of slowing despite the looming threat of a... READ MORE
Symond calls for RBA to hold rates
by Staff Reporter • 30 Nov 2009
Aussie Home Loans has called for the Reserve Bank of Australia to hold official interest rates at its meeting... READ MORE
Buyer demand to remain strong: Mortgage Choice
by Staff Reporter • 30 Nov 2009
More than one third of Australians plan to buy a property in the next two years despite concerns of rising interest... READ MORE
APRA to take strong approach with banks
by Staff Reporter • 30 Nov 2009
The Australian Prudential Regulation Authority (APRA) intends to impose global standards on banks in a bid to tighten... READ MORE
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