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Lack of supply puts pressure on affordability
by Staff Reporter • 15 Oct 2009
The amount of new residential building work fell in the June 2009 quarter, indicating that a possible recovery in the...READ MORE
Demand for fixed rates plummets
by Staff Reporter • 15 Oct 2009
The number of borrowers taking out fixed rate mortgages continues to drop despite the increasing threat of further rate... READ MORE
BoQ chief blasts bank guarantee
by Staff Reporter • 14 Oct 2009
Bank of Queensland (BoQ) chief executive David Liddy has called on the government to minimise the differential fees... READ MORE
RateCity marks strong application growth
by Staff Reporter • 14 Oct 2009
Online mortgage provider RateCity has registered a 68 per cent jump in loan applications in August 2009.
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Reverse mortgages market grows
by Staff Reporter • 14 Oct 2009
Reverse mortgages have increased in popularity with older Australians, a new study has found.
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Mortgage broker faces $6.1m fraud charges
by Staff Reporter • 14 Oct 2009
A broker, who already stands accused of defrauding up to $5 million from his clients, has been charged with new... READ MORE
House prices tipped to climb 20pc
by Staff Reporter • 14 Oct 2009
Research from BIS Shrapnel suggests house prices will rise by nearly 20 per cent in the next three years.
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Low Sydney vacancy rates good for investors
by Staff Reporter • 13 Oct 2009
Sydney’s rental property market is in a stalemate, figures from the Real Estate Institute of NSW (REINSW) have... READ MORE
NAB revises rate and house prices forecast
by Staff Reporter • 13 Oct 2009
Following on from the Reserve Bank of Australia’s decision to raise the official cash rate by 25 basis points to 3.25... READ MORE
FirstMac quick off the mark for RMBS buy back
by Staff Reporter • 13 Oct 2009
The government’s $8 billion injection into the Residential Mortgage Backed Securities (RMBS) has found its first... READ MORE
RBA acted too soon: broker poll
by Staff Reporter • 13 Oct 2009
The majority of brokers believe the Reserve Bank of Australia (RBA) has acted prematurely in its decision to raise... READ MORE
Agencies could scupper self-employed lending
by Staff Reporter • 13 Oct 2009
The federal government hopes its latest $8 billion injection to the residential mortgage backed securities (RMBS)... READ MORE
Acquisitions in Mortgage Choice’s sights
by Staff Reporter • 13 Oct 2009
While Mortgage Choice continues to keep mum on its acquisition targets, chief executive officer Michael Russell is... READ MORE
Sydney and Melbourne auctions results cool
by Staff Reporter • 12 Oct 2009
Sydney and Melbourne’s run of strong auction clearance rates has dropped off as both cities failed to clear 75 per... READ MORE
Big four to raise rates above RBA
by Staff Reporter • 12 Oct 2009
Higher funding costs may force the big four banks to increase their rates beyond the official cash rate.
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Jobless fall puts pressure on cash rate
by Staff Reporter • 12 Oct 2009
A shock drop in the number of unemployed Australians may put pressure on the Reserve Bank of Australia (RBA) to raise... READ MORE
Mid-tier lenders receive $8bn RMBS boost
by Staff Reporter • 12 Oct 2009
Competition for mortgage lending has received a major boost with the announcement that the federal government has... READ MORE
UK holds interest rates at 0.5pc
by Staff Reporter • 9 Oct 2009
Australia is still the only country to have raised its official cash rate, after the Bank of England's Monetary Policy... READ MORE
September FHB activity down: AFG
by Staff Reporter • 9 Oct 2009
First home buyer activity has fallen in September, despite it being the last month before the first home owners grant... READ MORE
Arrears slides on RMBS
by Staff Reporter • 9 Oct 2009
Arrears on residential mortgage loans underlying Australian prime residential mortgage backed securities (RMBS) have... READ MORE
Unemployment drops in September
by Staff Reporter • 8 Oct 2009
Australia’s unemployment rate has decreased 0.1 points to 5.7 per cent in September.
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ANZ first to move on rates
by Staff Reporter • 8 Oct 2009
Australia and New Zealand Banking Group (ANZ) is the first of the big four to pass the Reserve Bank of Australia’s... READ MORE
Bankwest pulls Rate Tracker Ultra Home Loan
by Staff Reporter • 8 Oct 2009
Bankwest will withdraw one of its most popular mortgage products from the broker channel as well as its bank... READ MORE
Industry needs a wholesale benchmark: Bouris
by Staff Reporter • 8 Oct 2009
Mark Bouris, chairman and co-founder of Yellow Brick Road, is calling on the federal government to track movements in... READ MORE
Home lending remains resilient
by Staff Reporter • 8 Oct 2009
The level of new home lending remained healthy in August 2009, according to recently released Australian Bureau of... READ MORE
Big four in holding pattern on rate hikes
by Staff Reporter • 8 Oct 2009
While the big four banks have held off raising interest rates, federal treasurer Wayne Swan has warned banks against... READ MORE
ACCC approves NAB/ Challenger deal
by Staff Reporter • 7 Oct 2009
Contrary to recent media reports, the Australian Competition and Consumer Commission (ACCC) has confirmed it will not... READ MORE
Slow growth for housing; JP Morgan
by Staff Reporter • 7 Oct 2009
The outlook for Australian housing volume growth remains challenged, according to a recent report.
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ACCC probes Australian Loans Management
by Staff Reporter • 7 Oct 2009
Australian Loans Management has come under investigation by the Australian Competition and Consumer Commission (ACCC)... READ MORE
Rate rise catches industry unawares
by Staff Reporter • 7 Oct 2009
The Reserve Bank of Australia’s decision to raise interest rates yesterday by 25 basis points took most by... READ MORE
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