Mortgage and Finance Brokers Breaking News - The Adviser - The Adviser

Breaking News

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ING DIRECT rationalises broker servicing and distribution

by Staff Reporter • 8 Aug 2008

ING DIRECT announced last week that it will directly service all accredited broker groups using its own business...READ MORE

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Bank of England holds rates at 5pc

by Staff Reporter • 8 Aug 2008

The Bank of England’s Monetary Policy Committee voted overnight to keep the official cash rate at 5 per... READ MORE

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New Opportune product to ?challenge? banks on price

by Staff Reporter • 8 Aug 2008

Opportune Home Loans is the latest mortgage manager to announce the launch of a new home loan designed to compete with... READ MORE

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Refinancing hits record high

by Staff Reporter • 8 Aug 2008

Refinancing business has soared in July according to figures released by AFG today.

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Lending activity tipped to strengthen

by Staff Reporter • 7 Aug 2008

Brighter times may lie ahead for brokers as the RBA eases its stance on rates, but Australia’s property market... READ MORE

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Rate cuts to boost broker refinancing business

by Staff Reporter • 7 Aug 2008

Refinancing activity is tipped to soar in coming months as interest rates look almost certain to fall.

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Unemployment rate unchanged in July

by Staff Reporter • 7 Aug 2008

Employment remained surprisingly strong in July, despite a slowdown in economic growth, ABS figures showed... READ MORE

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Non-bank market share edges up

by Staff Reporter • 7 Aug 2008

The number of owner-occupied dwellings financed by non-banks increased by 1.8 per cent in June, ABS data showed... READ MORE

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RESIMAC issues its first RMBS for 2008

by Staff Reporter • 7 Aug 2008

Non-bank lender RESIMAC has issued its first prime RMBS deal for 2008.

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Freddie?s losses soar Q2

by Staff Reporter • 7 Aug 2008

Freddie Mac announced an enormous second quarter loss of US$821 million (A$902 million) overnight, a significant... READ MORE

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Mortgage brokers popular with first home buyers

by Staff Reporter • 6 Aug 2008

Mortgage brokers are close to the banks as the favoured first point of contact for mortgage advice for first time... READ MORE

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Australians continue to shy away from property commitments: ABS

by Staff Reporter • 6 Aug 2008

The number of Australians who committed to a home loan declined again in June to just 50,294.

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Northern Rock posts H1 loss

by Staff Reporter • 6 Aug 2008

Embattled UK bank Northern Rock announced a £585.4 million (A$1.249 billion) loss overnight for the six months... READ MORE

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US rates steady at 2pc

by Staff Reporter • 6 Aug 2008

The Federal Reserve (Fed) kept interest rates on hold overnight at a rate of two per cent.

READ MORE

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Industry jobs squeezed in half: Olivier Job Index

by Staff Reporter • 6 Aug 2008

The retail banking and mortgage sector’s job market continued to contract in July, Olivier’s Job Index... READ MORE

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