Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Business confidence heightens threat of rate rise

by Staff Reporter • 28 Oct 2009

Business confidence for the quarter has climbed again, soaring 20 points to the highs last seen in early 2002.

ANZ vows to toe interest rate line

by Staff Reporter • 27 Oct 2009

ANZ Bank has promised to keep step with the Reserve Bank’s adjustment to the cash rate when the Board meets in... READ MORE

Branch closures a failure: Westpac

by Staff Reporter • 27 Oct 2009

Westpac’s group executive Peter Hanlon has admitted the bank’s policy of shutting down branches was a big... READ MORE

Abandoning major banks could save borrowers $5.3b

by Staff Reporter • 27 Oct 2009

Big four customers could save $5.3 billion on their home loans each year by switching to the cheapest provider.

Big four move fixed rates

by Staff Reporter • 27 Oct 2009

The big four have started to move their fixed rate home loans once again on the back of increased funding costs.

MFAA reinstates 900 brokers

by Staff Reporter • 27 Oct 2009

Nearly two thirds of the 1,500 brokers terminated by the MFAA have had their membership reinstated after obtaining... READ MORE

Broker uses franchise to drum up good will

by Staff Reporter • 26 Oct 2009

Mortgage Choice franchise owner and broker, Greg Campbell, has won the Franchise Council of Australia’s 2009... READ MORE

Hermes MD fights ‘unjust’ mortgages

by Staff Reporter • 26 Oct 2009

Luxury goods brand Hermes’ managing director Karin Upton Baker will face court this week after failing to repay more... READ MORE

Melbourne achieves best auction results of the year

by Staff Reporter • 26 Oct 2009

While auction clearance rates remained relatively stable across the weekend, Melbourne managed to achieve its biggest... READ MORE

NAB supports acknowledgement of funding costs

by Staff Reporter • 26 Oct 2009

NAB’s chief executive Cameron Clyne has put his weight behind a proposal that would see banks publishing the... READ MORE

Economic recovery near as home sales surge in US

by Staff Reporter • 26 Oct 2009

The United States has enjoyed a surprising surge in the sale of existing homes, climbing 9.4 per cent in September to... READ MORE

Big four to ramp up business lending

by Staff Reporter • 26 Oct 2009

The big four banks are gearing up to lend more aggressively to medium and large businesses as the economy shows signs... READ MORE

Strong Aussie dollar bane for agents

by Staff Reporter • 23 Oct 2009

The rising Aussie dollar, though perceived by many as a sign the economy is improving, leaves many real estate agents... READ MORE

Banks may face higher costs

by Staff Reporter • 23 Oct 2009

Banks may soon face higher costs thanks to the implementation of new liquidity rules, according to the Australian... READ MORE

Housing affordability slides

by Staff Reporter • 23 Oct 2009

Housing affordability has deteriorated for the second consecutive quarter, according to the latest Housing Industry... READ MORE

Mortgage Choice unveils groundbreaking Google partnership

by Staff Reporter • 23 Oct 2009

In a bid to enhance productivity, Mortgage Choice is transitioning its staff across to Google Apps – a suite of... READ MORE

Bumper selling weekend ahead: RP Data

by Staff Reporter • 23 Oct 2009

Real estate agents are gearing up for a bumper selling weekend, with more than 1,670 auctions scheduled.

‘Lying’ agent’s appeal thrown out of court

by Staff Reporter • 22 Oct 2009

A Perth real estate agent’s appeal to have his life-long ban from the real estate industry lifted has failed.

Refund Home Loans to defend ACCC claim

by Staff Reporter • 22 Oct 2009

Refund Home Loans managing director Wayne Ormond has found himself in hot water after the Australian Competition and... READ MORE

Access to wholesale funds challenging: KPMG

by Staff Reporter • 22 Oct 2009

In a sign that access to affordable wholesale funds remains challenging for Australia’s smaller banks, the... READ MORE

RESIMAC sells $230 million RMBS

by Staff Reporter • 22 Oct 2009

In a sign that the wholesale funding market is thawing, RESIMAC has sold more than $230 million of residential mortgage... READ MORE

Liberty cuts rates on all residential products

by Staff Reporter • 22 Oct 2009

In contrast to market conditions that point to upward rate movements, Liberty Financial will today drop rates on all of... READ MORE