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Variable rates to rise

by Staff Reporter • 14 Jul 2009
Major banks are likely to increase their variable home mortgage rates regardless of any movement in official rates by...READ MORE

Chose variable over fixed: Analyst

by Staff Reporter • 14 Jul 2009
A research firm believes the best policy for borrowers in the current environment is to maintain flexibility with a... READ MORE

Finance minister calls for inquiry over bank domination

by Staff Reporter • 14 Jul 2009
Federal finance minister Lindsay Tanner is calling for an inquiry into the financial system after figures revealed... READ MORE

Demand surges for fixed rates

by Staff Reporter • 13 Jul 2009
An increasing number of Australians are fixing their home loan rates under the fear that interest rates have bottomed... READ MORE

Ray White engages new marketing strategy

by Staff Reporter • 13 Jul 2009
Real estate franchise Ray White has launched a development marketing arm that will help improve residential development... READ MORE

Capital cities auction results fluctuate

by Staff Reporter • 13 Jul 2009
Australia’s auction activity was down in almost every capital city this weekend, with Brisbane the only city to... READ MORE

Rental prices stall

by Staff Reporter • 10 Jul 2009
The median rental yields for units in Sydney, Melbourne and Brisbane fell in the June quarter, statistics from... READ MORE

Finance commitments rise for third straight month

by Staff Reporter • 9 Jul 2009
The number of owner-occupied housing commitments increased 2.9 per cent in May, statistics from ABS’ Housing Finance... READ MORE

Demand for fixed rates rise

by Staff Reporter • 9 Jul 2009
Research by financial comparison website RateCity and Canstar Cannex has shown an increase in borrowers seeking fixed... READ MORE

Sub $500K house prices set to slide

by Staff Reporter • 9 Jul 2009
The end of the FHOG and various other government funded benefits could see lower end house prices fall by as much as 10... READ MORE

Loans for residential construction up

by Staff Reporter • 9 Jul 2009
A lift in home lending in May points to a “green shoot” in home building, according to the Housing Industry... READ MORE

Brighter economic conditions ahead

by Staff Reporter • 9 Jul 2009
The International Monetary Fund (IMF) last night raised its forecast for global economic growth next year by 0.6 of a... READ MORE

Westpac confirms new broker minimum volume quota

by Staff Reporter • 9 Jul 2009

Brokers who want to retain their Westpac accreditation will now be required to meet a minimum loan volume quota.

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FHB activity slumps, investor confidence hikes

by Staff Reporter • 8 Jul 2009
The number of mortgages being sold to first home buyers has fallen by 30.6 per cent in three months, the latest AFG... READ MORE

Banks slow to help defaulters

by Staff Reporter • 8 Jul 2009
US mortgage lenders are unlikely to rework home loans held by borrowers facing foreclosure because it could cost them... READ MORE

Employment levels expected to fall: D&B

by Staff Reporter • 8 Jul 2009
More than 31 per cent of firms are expecting to cut back on staffing levels in the September quarter, the Dun &... READ MORE

Fewer homeowners under mortgage stress

by Staff Reporter • 8 Jul 2009
The number of households suffering mortgage stress has fallen from a peak of 900,000 in August 2008 to 546,000 in May,... READ MORE

Economists petition for ‘basic bank’ to battle big bank dominance

by Staff Reporter • 8 Jul 2009
A coalition of influential economists and thought leaders has petitioned the Prime Minister to set up an enquiry into... READ MORE

Investors drive commercial sales but volumes down

by Staff Reporter • 8 Jul 2009
Private investors and syndicators accounted for two-thirds of all sales in the first half of 2009, market analysis from... READ MORE

Poll shows FHOG inflating prices

by Staff Reporter • 8 Jul 2009
An online poll conducted by Loan Market Group has found two-thirds of Australians believe the federal government’s... READ MORE

Mortgage broker defrauds clients of $5m

by Staff Reporter • 8 Jul 2009

A mortgage broker, who allegedly defrauded up to $5 million from his clients, has had his day in court.

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RBA holds firm on rate

by Staff Reporter • 7 Jul 2009
The RBA has left the official cash rate unchanged at 3 per cent for the third month running, dashing hopes of further... READ MORE

CBA 100pc online lodgement to speed up approvals

by Staff Reporter • 7 Jul 2009
CBA hopes its switch to 100 per cent online lodgement in July will help tackle sluggish turnaround times and clear its... READ MORE

NZ house prices on the rise

by Staff Reporter • 7 Jul 2009
New Zealand house prices rose for the first time in six quarters yesterday, a sign that the property market is... READ MORE

Australia’s property sector experiences growth

by Staff Reporter • 7 Jul 2009
Many of Australia’s capital cities have experienced growth in both unit and house values throughout the last quarter,... READ MORE

Job advertisements suffer steep decline

by Staff Reporter • 7 Jul 2009
The total number of jobs advertised in the major metropolitan newspapers and on the internet fell by 6.7 per cent in... READ MORE

Labor seeks changes to Property Act

by Staff Reporter • 7 Jul 2009
The labor party is calling for amendments to the Property Law Act to protect the assets of people who default on... READ MORE

Auction activity slides

by Staff Reporter • 6 Jul 2009
Australia’s auction activity was down in every capital city this weekend, with lower auction clearance rates and... READ MORE

House prices to increase

by Staff Reporter • 6 Jul 2009
House prices should recover thanks to the ongoing shortage of residential dwellings, Lend Lease chief executive Steve... READ MORE

Increased FHOG keeps Australians in jobs

by Staff Reporter • 6 Jul 2009
More than 97,000 first home buyer grants have been issued since the federal government increased the grant last... READ MORE
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