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Breaking News
Still a place for LMI: QBE LMI
by Staff Reporter • 29 Jan 2010
QBE LMI chief executive Ian Graham has dismissed claims that the role of LMIs has been marginalised on the back of...
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Government buys $3.4b RMBS
by Staff Reporter • 29 Jan 2010
The federal government announced yesterday that it would provide five home lenders with a pipeline of funding to...
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Smartline offers brokers additional revenue
by Staff Reporter • 29 Jan 2010
In a bid to ramp up its competitive position in the mortgage market, Smartline will offer finance leasing to its 200...
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Inflation figures support rate rise
by Staff Reporter • 28 Jan 2010
The latest inflation figures have increased the possibility of a fourth consecutive interest rate rise.
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No more rate rises: HIA
by Staff Reporter • 28 Jan 2010
The Housing Industry Association (HIA) has warned the Reserve Bank not to raise the official cash rate when it meets...
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Professional brokers to capture market share
by Staff Reporter • 28 Jan 2010
Licensed mortgage brokers will win a greater market share following the implementation of legislation, MFAA chief...
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House price growth surges to 6 yr high
by Staff Reporter • 28 Jan 2010
Unprecedented demand from first home buyers and upgraders has helped 2009 post the strongest annual house price growth...
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Fixed rate popularity slides
by Staff Reporter • 28 Jan 2010
Demand for fixed rate home loans has dropped to a seven year low, according to Mortgage Choice.
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Resi launches new communication platform
by Staff Reporter • 27 Jan 2010
Resi Mortgage Corporation has launched an integrated social networking platform that will help property buyers enter...
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IMF figures to impact rates decision
by Staff Reporter • 27 Jan 2010
An upgraded forecast by the International Monetary Fund (IMF) is expected to impact the Reserve Bank’s decision to...
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Banking satisfaction slides
by Staff Reporter • 27 Jan 2010
Customer satisfaction levels among all the majors have dropped significantly over the last year, new data from TNS...
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Majors to undercut RBA
by Staff Reporter • 27 Jan 2010
Interest rates are predicted to rise by 1 percentage point this year, however the majors are expected to absorb 0.3 per...
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Mutuals push for market share
by Staff Reporter • 27 Jan 2010
Recent data from Canstar Cannex has revealed that some credit unions and mutual building societies actually offer...
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Ballast adds FirstMac to panel
by Staff Reporter • 27 Jan 2010
Independent aggregator Ballast has signed FirstMac to its lender panel to ensure its customers have access to some of...
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Majors unaffected by US banking regulatory change
by Staff Reporter • 25 Jan 2010
Banking regulatory changes proposed by the US government last week are unlikely to directly impact the future earnings...
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Vendors to foot inspection bill
by Staff Reporter • 25 Jan 2010
Vendors, rather than homebuyers, will soon be forced to pay for building and pest inspections.
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AMP upsizes RMBS issue
by Staff Reporter • 25 Jan 2010
AMP has almost doubled its residential mortgage backed securities (RMBS) issue to $1 billion.
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SCMC ramps up competition with new website
by Staff Reporter • 25 Jan 2010
In a bid to increase competition in the mortgage market, State Custodians Mortgage Company (SCMC) has launched a new...
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FirstMac launches new capped home loan
by Staff Reporter • 25 Jan 2010
Rising interest rates are expected to encourage more Australians to choose fixed mortgage products over variable rates,...
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Housing affordability outstrips income
by Staff Reporter • 22 Jan 2010
Australian house prices are not as expensive as what is currently perceived, new data from Rismark has found.
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Brokers split on value of industry body membership
by Staff Reporter • 22 Jan 2010
It would appear the mortgage industry’s leading professional bodies have their work cut out as more than half of all...
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USA drops interest rates
by Staff Reporter • 22 Jan 2010
As the Australian majors continue to increase interest rates on fixed term home loans, their American counterparts are...
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Rental yields take a dive
by Staff Reporter • 22 Jan 2010
Rental yields have declined in some parts of Australia as a result of strong first home buyer activity.
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Vacancy rates climb in 2010
by Staff Reporter • 22 Jan 2010
The number of vacant residential properties in Melbourne, Sydney and Brisbane has risen close to long term averages,...
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HIA questions construction recovery
by Staff Reporter • 22 Jan 2010
Despite a recent improvement in residential construction, the Housing Industry Association’s (HIA) chief economist...
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