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Breaking News
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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Westpac defends two-tier LVRs
by Staff Reporter • 21 Jan 2010
Westpac’s reduction of its maximum LVR for new customers is consistent with its strategic focus on building stronger...
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Home buyers obsessed with inspections
by Staff Reporter • 21 Jan 2010
Open-home inspections have become somewhat of an obsession for house hunters who attend on average 52 homes over a...
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China to cut lending
by Staff Reporter • 21 Jan 2010
Chinese banks are being advised by banking authorities to tighten their lending activities and in some cases stop...
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Consumer confidence surges; rate rise likely
by Staff Reporter • 21 Jan 2010
Consumer confidence continues to remain strong, despite three consecutive rate hikes late last year.
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ACCC reviews Axa takeover
by Staff Reporter • 21 Jan 2010
The Australian Competition and Consumer Commission (ACCC) has started its review of NAB's plan to acquire the...
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Connective boosts professional development program
by Staff Reporter • 21 Jan 2010
Connective has announced it will ramp up its professional development program from 160 sessions last year to more than...
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