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More rate cuts to come

by Staff Reporter • 21 May 2009
The prospect of further RBA rate cuts has increased off the back of the federal government’s ballooning deficit...READ MORE

Banks warned to limit lending

by Staff Reporter • 21 May 2009
Borrowers could face higher borrowing costs as the big banks’ high proportion of loans to deposits puts their... READ MORE

UK brokers say insurance products best for diversification

by Staff Reporter • 20 May 2009
Brokers in the United Kingdom are turning to diversification to bolster their incomes, and like their Australian... READ MORE

Brokers unconvinced by federal budget

by Staff Reporter • 20 May 2009
The federal budget has failed to impress the majority of brokers according to the latest Mortgage Business weekly... READ MORE

MFAA debate to tackle key issues

by Staff Reporter • 20 May 2009
A panel debate including key industry figures and stakeholders will take centre stage at this year’s MFAA... READ MORE

Housing shortage to benefit Sydney landlords

by Staff Reporter • 20 May 2009
Investors in Sydney’s metropolitan market can expect strong rental yields as the population continues to grow... READ MORE

Variable rates still most popular

by Staff Reporter • 20 May 2009
Borrowers are confident home loan rates will remain low for some time with variable rate demand continuing to track at... READ MORE

RBA predicts economic recovery to kick start by Christmas

by Staff Reporter • 20 May 2009
Green shoots are emerging in the domestic economy and recovery should be underway by the end of the year, according to... READ MORE

ASIC announces new dispute resolution schemes

by Staff Reporter • 19 May 2009
ASIC has revealed improved consumer access to dispute resolution schemes in order to resolve disagreements more... READ MORE

Decline in commercial construction activity predicted

by Staff Reporter • 19 May 2009
Commercial construction and engineering activity are set to slow down in 2009 and 2010 but government infrastructure... READ MORE

IMF casts doubt over domestic growth forecast

by Staff Reporter • 19 May 2009
The International Monetary Fund (IMF) has forecast a slow recovery for Australia, prompting speculation that the... READ MORE

Originator to give brokers flexibility on how commissions are paid

by Staff Reporter • 19 May 2009
National Finance Club has relaunched its product suite and introduced a remuneration structure that offers brokers a... READ MORE

St George pulls personal loans

by Staff Reporter • 19 May 2009
St George Bank has withdrawn its personal loans from the broker channel as part of a recent review of its intermediary... READ MORE

New home affordability at 7 year high

by Staff Reporter • 19 May 2009
A softer property market and record low interest rates continue to make buying a first home the most affordable in... READ MORE

Melbourne, Sydney auction clearance rates stable but volume down

by Staff Reporter • 18 May 2009
Auction sales volumes in Melbourne and Sydney were down on the weekend, Australian Property Monitors has... READ MORE

ASIC email a hoax

by Staff Reporter • 18 May 2009
Brokers across the industry have received a hoax email claiming to be from ASIC targeting Choice Aggregation Services... READ MORE

Australians ill-equipped for rising unemployment, unexpected costs

by Staff Reporter • 18 May 2009
As the threat of unemployment intensifies a Bankwest survey has found almost one in three Australians have no savings... READ MORE

UK lenders engage borrowers to help stem repossessions

by Staff Reporter • 18 May 2009
Home repossessions continue to rise in the UK but increasing assistance from lenders is expected to result in a better... READ MORE

Quality to be recognised in top brokerage ranking

by Staff Reporter • 18 May 2009
Australia’s top performing brokerages will be revealed in a ground breaking new Mortgage Business ranking later this... READ MORE

Genuine savings quickly becoming the norm

by Staff Reporter • 18 May 2009

The requirement for borrowers to show genuine savings to secure a home loan is fast becoming industry standard.

READ MORE

Majority of brokers now diversified beyond home loans

by Staff Reporter • 15 May 2009
Changing market conditions have pushed diversification into the main with 93 per cent of brokers now offering more... READ MORE

US recession over as soon as August

by Staff Reporter • 15 May 2009
If economic predictions are correct the United States’ recession should be over in a matter of months, according... READ MORE

Large deposit requirements keep first home buyers out: UK

by Staff Reporter • 15 May 2009
Mortgage market activity improved strongly in the United Kingdom in March as borrowers took advantage of the lowest... READ MORE

Premium property markets shrink as economic conditions bite

by Staff Reporter • 15 May 2009
New research released yesterday has confirmed the top end of Australia’s property market has been hit hard by... READ MORE

Strong improvement in commercial lending volumes

by Staff Reporter • 15 May 2009
Commercial finance activity surged in March to $30.498 billion, ABS data showed yesterday, providing an encouraging... READ MORE

Balance sheet funds drive non-bank "renaissance"

by Staff Reporter • 14 May 2009
Despite an overall decline in the non-bank sector’s market share over the last 18 months, the originator and... READ MORE

Indication of lending policies relaxing in UK

by Staff Reporter • 14 May 2009
The UK’s second largest lender Abbey has relaxed its lending criteria in what is a major boost to the... READ MORE

Recovery still some way off for England

by Staff Reporter • 14 May 2009
The Bank of England (BOE) has sharply cut its growth forecasts for the United Kingdom and warned the road to recovery... READ MORE

US foreclosures hit new high

by Staff Reporter • 14 May 2009
One in every 159 US borrowers received a foreclosure filing during the first quarter as default notices and bank... READ MORE

Grant extension good but not enough

by Staff Reporter • 14 May 2009
While the industry is largely relieved that the First Home Owners Grant has been extended some have claimed it’s... READ MORE
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