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Breaking News
Mortgage industry strong in 2010
by Staff Reporter • 11 Jan 2010
The mortgage industry is tipped to perform strongly this year, despite reduced government stimulus and rising interest...
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US mortgage insurer reduces risk list
by Staff Reporter • 11 Jan 2010
Solid improvements in the US housing market has led the American International Group’s (AIG) mortgage insurance...
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Rates to rise in Feb: AMP
by Staff Reporter • 11 Jan 2010
Interest rates are likely to rise again when the Reserve Bank meets in February, according to leading economists.
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Broker assists alleged identity theft
by Staff Reporter • 11 Jan 2010
Mick Gatto associate and fight promoter, Tarik Solak, is currently in a stoush with the NSW state government over...
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ACT, WA best performing economies
by Staff Reporter • 11 Jan 2010
The ACT is one of Australia’s best performing economies, a new ranking by CommSec has found.
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NAB eyes more o/s targets
by Staff Reporter • 11 Jan 2010
National Australia Bank may be in the market for one of the Royal Bank of Scotland’s (RBS) banking branches.
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China hikes rates to tighten lending
by Staff Reporter • 8 Jan 2010
China last night decided to increase the yield on its three-month bills to curb lending credit in 2010.
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Property market ‘red hot’ in 2010
by Staff Reporter • 8 Jan 2010
The property market is going to be ‘red hot’ in 2010, research analysts have claimed.
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APRA’s rules could cost banks
by Staff Reporter • 8 Jan 2010
The Australian Prudential Regulation Authority’s (APRA) proposed financial claims scheme may throw extra overhead...
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ING DIRECT reduces fixed rates
by Staff Reporter • 8 Jan 2010
ING DIRECT has dropped the interest rate on its two, three, four and five year fixed rate residential mortgage products.
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Club Financial Services launches TV program
by Staff Reporter • 8 Jan 2010
Club Financial Services is gearing up to launch a new online television program that will offer information on the...
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Building approval numbers recover after fall
by Staff Reporter • 7 Jan 2010
The total number of dwellings approved rose 5.9 per cent in November 2009 following a fall in October, according to ABS...
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Coastal suburbs back from the brink
by Staff Reporter • 7 Jan 2010
While most of Australia’s coastal properties copped a battering during the financial crisis, the lifestyle regions...
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CBA tops majors in mortgage lending
by Staff Reporter • 7 Jan 2010
CBA led the majors in November, recording the highest value of owner-occupied and investment housing loans, according...
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Brokers gear up for boom year
by Staff Reporter • 7 Jan 2010
Four out of five brokers expect their business to boom in 2010, a new survey has found.
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Future Financial beefs up product suite
by Staff Reporter • 7 Jan 2010
Future Financial has added two extra home loans to its products suite which the mortgage manager believes offer an...
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Opportunities abound for brokers
by Staff Reporter • 6 Jan 2010
Dramatic changes in the market over the past year have opened the door for mortgage brokers to offer refinancing and...
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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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