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Breaking News
Rate gap spurs refinancing activity
by Staff Reporter • 6 Jan 2010
Brokers have seen an upswing in refinancing activity with some customers opting to switch out of Westpac loans in...
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New home sales fall flat in 09
by Staff Reporter • 6 Jan 2010
The number of new home sales rose by just 0.3 per cent in November as a lack of available finance continued to weigh...
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Investors to drive property growth
by Staff Reporter • 6 Jan 2010
Investors are expected to replace first home buyers as the dominant driver of property growth in 2010, the Australian...
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Sydney housing prices to grow
by Staff Reporter • 5 Jan 2010
Sydney house prices will boom due to the fastest population growth in 15 years, according to MacroPlan Consultancy...
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UK mortgage approvals soar
by Staff Reporter • 5 Jan 2010
Mortgage approvals in the UK have reached their highest level since March 2008, according to the latest figures from...
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ING to ramp up mortgage lending
by Staff Reporter • 5 Jan 2010
ING DIRECT has set its sights on taking market share from the major banks with aggressive plans to grow its mortgage...
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Bernanke defends low interest rates
by Staff Reporter • 5 Jan 2010
Federal Reserve chairman Ben Bernanke has aggressively defended claims that low interest rate policies across the globe...
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CBA improves customer satisfaction
by Staff Reporter • 4 Jan 2010
The Commonwealth Bank of Australia has topped the majors in terms of customer satisfaction improvement.
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NAB looks to expand o/s presence
by Staff Reporter • 4 Jan 2010
NAB is looking for acquisition targets abroad and is already gearing up for the takeover of UK banking establishment...
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Double digit growth for housing in 2009
by Staff Reporter • 4 Jan 2010
Australian home values have delivered double digit growth in 2009, according to figures from RP Data.
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Qld restricts FHB grant
by Staff Reporter • 4 Jan 2010
With the federal government’s first home owners’ boost now officially over, the Queensland government has announced...
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Commercial property poised for recovery
by Staff Reporter • 31 Dec 2009
The commercial property sector is set to recover in 2010 as the economic outlook continues to improve.
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UK mortgage approvals increase
by Staff Reporter • 31 Dec 2009
The UK housing market is edging closer to recovery with strong November mortgage approvals registered.
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Stamp duty reduction on new homes under $600,000 extended
by Staff Reporter • 31 Dec 2009
New home buyers have a further six months to take advantage of the 50 per cent cut in stamp duty on new homes priced up...
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Rising rates to drive refinancing activity in 2010
by Staff Reporter • 30 Dec 2009
Three rate rises in the final months of 2009 with further increases expected in 2010 will prompt an upswing in...
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Sustainable housing price growth tipped for year ahead
by Staff Reporter • 30 Dec 2009
Average Australian house price growth is likely to slow in 2010 as mortgage rates rise and first home buyer activity...
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Aggregator support vital to broker growth
by Staff Reporter • 30 Dec 2009
While brokers expect a higher level of support from aggregators to ensure sustained growth there’s an increased...
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Rosy year ahead for big banks
by Staff Reporter • 29 Dec 2009
Australia's major banks are tipped to increase profitability in 2010, as bad debts decline and they leverage the market...
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Consumers avoid Christmas credit card splurge
by Staff Reporter • 29 Dec 2009
The RBA decision to bump the cash rate up by a quarter of a percent may have tempered Christmas spending.
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US taxpayers to prop up mortgage lenders
by Staff Reporter • 29 Dec 2009
Ailing US lending giants Fannie Mae and Freddie Mac are to receive further government support, the treasury announced...
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Rising bank margins to limit cash rate hikes
by Staff Reporter • 29 Dec 2009
Wider bank margins will limit rate hikes over 2010 according to AMP chief economist Shane Oliver.
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Majors warn of rising rates
by Staff Reporter • 24 Dec 2009
Bank chief executives have warned that 2010 will bring further rises in lending rates.
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Gen Y’s struggle in quest for home ownership
by Staff Reporter • 24 Dec 2009
The propensity of Gen Y to hop from job to job could be stopping them from owning their own home.
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Brokers bullish despite predicting Christmas lull
by Staff Reporter • 24 Dec 2009
The majority of brokers believe business will ease over the Christmas and New Year period though there is optimism for...
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First home buyer activity boosts mortgage market performance
by Staff Reporter • 24 Dec 2009
The Australian mortgage market has tentatively started to recover from the effects of the global financial crisis, a...
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