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Breaking News
Light at the end of the tunnel for RHG
by Staff Reporter • 5 Feb 2010
RHG Mortgage Corporation Limited looks set to reenter mortgage lending having raised its full-year profit guidance by...
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Homeloans expects profit surge
by Staff Reporter • 5 Feb 2010
Improving market conditions and robust business activity in the second half of 2009 have raised Homeloans expectations...
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Brokers to focus on long-term relationships: MFAA
by Staff Reporter • 5 Feb 2010
A new survey has found that borrowers are more likely to use brokers for short-term help in getting finance, but prefer...
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RESIMAC breaks into retail market
by Staff Reporter • 4 Feb 2010
RESIMAC has today revealed that it will launch a new retail lending business – a further indication that mortgage...
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LJ Hooker targets vendors
by Staff Reporter • 4 Feb 2010
In a bid to ramp up the number of listed properties on the market, LJ Hooker has launched a new campaign ‘Home Sweet...
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Smaller lenders challenge majors
by Staff Reporter • 4 Feb 2010
Smaller lenders are going head to head with the majors, ramping up their home loan offering in a bid to grab further...
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Lender takes on majors, lifts LVRs
by Staff Reporter • 4 Feb 2010
In a further sign that competition is reemerging in the market, Future Financial has increased its loan-to-value ratios...
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China credit constraints a positive step
by Staff Reporter • 4 Feb 2010
The Chinese government's move to restrict credit growth among the nation's banks will strip volatility out of the...
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Median land price jumps 5.7pc
by Staff Reporter • 4 Feb 2010
The cost of residential land continues to rise nationally, with a new report showing the median price of raw land...
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Top performing capital city revealed
by Staff Reporter • 4 Feb 2010
Hobart is officially Australia’s best performing capital city, recording an average growth rate of 12.8 per cent each...
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Rate freeze bodes well for brokers
by Staff Reporter • 3 Feb 2010
The surprise Reserve Bank decision to leave the official cash rate on hold at 3.75 per cent will help stimulate further...
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Second-tier banks disapprove guarantee change
by Staff Reporter • 3 Feb 2010
Australia’s second-tier lenders have criticised the government’s proposal to level the fee structure of the...
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Investor market on the rise
by Staff Reporter • 3 Feb 2010
Confirming what most brokers have known for some time, a new report from Westpac has revealed that investors are...
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Arrears to climb
by Staff Reporter • 3 Feb 2010
Arrears are expected to surge in the coming months as the Reserve Bank continues to tighten rates, a new report has...
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Macquarie names new aggregator
by Staff Reporter • 3 Feb 2010
After months of speculation, Macquarie Bank has finally revealed the name of its new mortgage aggregator.
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Majors to move in line with RBA rate rise
by Staff Reporter • 2 Feb 2010
NAB has thrown down the gauntlet to other lenders after announcing it would not hike its standard variable home loan...
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Investor confidence surges in 2009
by Staff Reporter • 2 Feb 2010
Investors are not deterred by the current rising interest rate environment, a new study has found.
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Slump in job figures won’t stop rate rise
by Staff Reporter • 2 Feb 2010
The Reserve Bank is expected to lift the official cash rate today despite evidence that suggests the labour market is...
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Australians optimistic about house prices
by Staff Reporter • 1 Feb 2010
Despite three consecutive rate rises, most Australians remain optimistic about the future of the property market.
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GFC strikes off no deposit mortgages
by Staff Reporter • 1 Feb 2010
The global financial crisis has killed the no deposit mortgage, as lenders continue to tighten lending restrictions...
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Rate rise imminent: AMP
by Staff Reporter • 1 Feb 2010
The Reserve Bank is expected to raise rates for the fourth consecutive time when it meets tomorrow, amid evidence that...
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Up-graders to dominate in 2010
by Staff Reporter • 1 Feb 2010
Up-graders will be a force to be reckoned with in 2010, according to the LJ Hooker/BIS Shrapnel Residential Property...
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Feb rate rise could cripple weak mortgage market
by Staff Reporter • 1 Feb 2010
The Reserve Bank is under increasing pressure to keep the official cash rate on hold as evidence has emerged that the...
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Rental rates ease; house prices soar
by Staff Reporter • 29 Jan 2010
Rental rates are falling on the back of increased home buyer activity, PRDnationwide’s latest Quarterly Economic &...
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Brokers unhappy with aggregator software
by Staff Reporter • 29 Jan 2010
Almost two thirds of all brokers are dissatisfied with their aggregator’s technology platform, a new poll has found.
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