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Breaking News
Big four to ease off guarantee
by Staff Reporter • 30 Sep 2009
Australia’s ‘big four’ banks are expected to shrug off the need for a government guarantee on debt as they...
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Macquarie eyes mortgage market re-entry
by Staff Reporter • 30 Sep 2009
Macquarie Bank could be edging closer to a return to mortgage lending and there is growing speculation that the bank...
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Lack of housing supply to hurt affordability
by Staff Reporter • 30 Sep 2009
The Reserve Bank of Australia (RBA) has warned that rising house prices and interest rates could have a significant...
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Brokers enjoy stellar quarter
by Staff Reporter • 30 Sep 2009
Mortgage brokers have enjoyed the biggest quarter on record, with broker loan settlements soaring 18 per cent to reach...
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Obama administration to inject $40 billion into housing
by Staff Reporter • 29 Sep 2009
The Obama administration could inject as much as US$35 billion ($40.5 billion) into the economy to help local housing...
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RBA fuels rate rise speculation
by Staff Reporter • 29 Sep 2009
The Reserve Bank of Australia governor Glenn Stevens has increased speculation that rates may be raised sooner rather...
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FHBs make way for investors
by Staff Reporter • 29 Sep 2009
Investor activity is ramping up, with Aussie Home Loans recording a 32 per cent increase in the number of investor...
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CBA hikes fixed rates
by Staff Reporter • 29 Sep 2009
The CBA has moved ahead of the Reserve Bank of Australia and today announced that it will increase its fixed-lending...
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Commercial market still dry
by Staff Reporter • 28 Sep 2009
The commercial sales drought in the Sydney CBD is showing no signs of abating following the withdrawal from the market...
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Rate rises may hurt young buyers
by Staff Reporter • 28 Sep 2009
First home buyers will be hit hard when rates rise over the coming months, according to the Investors Club.
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Refund breaks into financial planning
by Staff Reporter • 28 Sep 2009
Refund Home Loans has joined hands with Professional Investment Services (PIS) to add a full-service financial planning...
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FHBs rush to beat grant wind-back
by Staff Reporter • 28 Sep 2009
Sydney recorded its biggest auction day of the year on Saturday as many first home buyers attempted to take advantage...
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Australia on track for u-shaped recovery
by Staff Reporter • 28 Sep 2009
Australia will endure a u-shaped recovery rather than a v-shaped recovery as many analysts had first predicted,...
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Arrears fall on securitised loans
by Staff Reporter • 28 Sep 2009
Arrears on residential mortgage loans underlying prime residential mortgage-backed securitisation (RMBS) transactions...
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Agents ready for bumper week
by Staff Reporter • 25 Sep 2009
Real estate agents are bracing for a bumper weekend, with first home buyers expected to take advantage of the last week...
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New home sales soar as market picks up
by Staff Reporter • 25 Sep 2009
New home sales are back with a vengeance, according to the Housing Industry Association (HIA).
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Regional banks struggle, but will recover: RBA
by Staff Reporter • 25 Sep 2009
While Australia’s big banks remain resilient, the country’s smaller regional banks are currently under “downward...
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Arrears rise at alarming rate
by Staff Reporter • 25 Sep 2009
More than 25,000 Australian households are currently estimated to be 90 or more days in mortgage arrears, 2,000 more...
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Cross sell now a core broker offering: survey
by Staff Reporter • 25 Sep 2009
Recent surveys have confirmed that most brokers have diversified their product offering with insurance a key feature.
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Borrowers back-off fixed rates
by Staff Reporter • 25 Sep 2009
More Australians are choosing variable home loans over fixed, according to the financial comparison website RateCity.
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Suncorp to sell Hooker to Hooker
by Staff Reporter • 24 Sep 2009
Suncorp looks set to sell its stake in the real estate chain LJ Hooker to the founder’s grandson Janusz Hooker.
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ANZ appoints new broker distribution head
by Staff Reporter • 24 Sep 2009
The Australia and New Zealand Banking Group (ANZ) has appointed a new head of broker distribution as the bank moves to...
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Majors tighten on self-employed borrowers
by Staff Reporter • 24 Sep 2009
Westpac, St. George and RAMS are the latest lenders to tighten up on their policy for self-employed borrowers.
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Aussie backs female brokers
by Staff Reporter • 24 Sep 2009
Aussie Home Loans will take a leading role in developing the knowledge base of a female broker workforce.
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Challenger welcomes revised credit regulations
by Staff Reporter • 24 Sep 2009
Challenger Mortgage Management has applauded the changes made to the National Consumer Credit Protection Bill which...
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