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Breaking News
Buyers choose existing over new properties
by Staff Reporter • 11 Aug 2009
First home buyers and investors are shying away from new property, instead setting their sights on existing stock, the...
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CBA raises fixed rates - 2009
by Staff Reporter • 11 Aug 2009
The Commonwealth Bank of Australia yesterday confirmed that it will lift interest repayments on their fixed rate...
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Banks urged to step away from govt. support
by Staff Reporter • 10 Aug 2009
About $1 out of every $3 that banks raised in wholesale money markets during July was unguaranteed, The Australian...
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Clearance rates fall below 70pc
by Staff Reporter • 10 Aug 2009
Australia’s auction clearance rates were down below 70 per cent in every capital city except Melbourne on Saturday,...
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Demand for lower end property surges
by Staff Reporter • 10 Aug 2009
Competition is rife in the real estate market with soaring demand for affordable residential real estate prompting...
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Increased confidence pushes average mortgage size up: AFG
by Staff Reporter • 10 Aug 2009
Australian homeowners are taking on more debt, with the average size of a new mortgage rising to $354,000 in July, AFG...
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IMF delivers sombre outlook
by Staff Reporter • 10 Aug 2009
The International Monetary Fund’s (IMF) annual review of the Australian Economy has identified high levels of...
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Rates may rise to ‘normal level’: RBA
by Staff Reporter • 7 Aug 2009
The Reserve Bank of Australia (RBA) today revealed it will consider raising interest rates to a “normal level” if...
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Bankwest bolsters broker support
by Staff Reporter • 7 Aug 2009
Bankwest has revealed some fresh faces for its burgeoning national broker sales team.
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Ray White records solid Victorian sales figures
by Staff Reporter • 7 Aug 2009
Ray White yesterday reported a 26 per cent growth in statewide sales in Victoria on the back of strong first home owner...
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Heritage records ten consecutive years of profit
by Staff Reporter • 7 Aug 2009
Heritage Building Society has announced its tenth straight year of profit, reporting a before tax full year profit of...
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Major US lender suspended for fraud
by Staff Reporter • 7 Aug 2009
The Federal Housing Administration (FHA) has suspended Taylor Bean under suspicion of fraud.
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Housing price boom unlikely
by Staff Reporter • 7 Aug 2009
AMP Capital Investors' chief economist has warned home owners not to hold their breath for a boom-like recovery in...
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Unemployment rate holds firm
by Staff Reporter • 6 Aug 2009
The unemployment rate held steady over July, indicating that Australian businesses are riding out the economic downturn...
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US loan application rise
by Staff Reporter • 6 Aug 2009
The number of mortgage loan applications in the United States of America has risen by 4.4 per cent, the Mortgage...
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Investors poised for market return: Loan Market
by Staff Reporter • 6 Aug 2009
A Loan Market Group survey has revealed that a significant number of current investors are gearing to capitalise on...
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CBA slashes mortgage late payment, dishonor fees
by Staff Reporter • 6 Aug 2009
The Commonwealth Bank of Australia (CBA) is the latest major lender to slash its fees on personal and business accounts.
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Banks may raise mortgage rates: ANZ
by Staff Reporter • 6 Aug 2009
Australia and New Zealand Banking Group (ANZ) chief executive Mike Smith has warned borrowers that the banks may have...
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Brokers brace for influx of first home buyers
by Staff Reporter • 5 Aug 2009
With money markets tipping interest rates to climb before Christmas and the government’s first home owner grant boost...
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RateCity tips variable over fixed
by Staff Reporter • 5 Aug 2009
Money markets are expecting interest rates to rise by more than 1.5 percentage points within a year after the Reserve...
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QBE hikes LMI prices
by Staff Reporter • 5 Aug 2009
QBE LMI today confirmed it will raise its LMI rates on higher LVR products.
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House price growth surges
by Staff Reporter • 5 Aug 2009
House prices are rising at their fastest pace since the 2003 boom, thanks to the FHOG boost and the Reserve Bank of...
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Variable still the preferred option
by Staff Reporter • 5 Aug 2009
Variable rate home loans are still the preferred option among borrowers, the Bankwest / Mortgage & Finance Association...
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Challenger voices concerns over National Credit Code
by Staff Reporter • 5 Aug 2009
Challenger has called on the federal government to ensure the National Consumer Credit Code legislation does not...
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Signs of increased building approvals boost confidence
by Staff Reporter • 4 Aug 2009
Signs of life in Australia’s real estate market are helping to increase consumer confidence, Housing Industry...
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