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Bond market an attractive option for mortgage originators
by Staff Reporter • 22 Jul 2009
Mortgage originators are set to rely on the bond market once the federal government’s $8 billion support package runs...READ MORE
RBA’s upbeat outlook fuels fear of rate rise
by Staff Reporter • 22 Jul 2009
The Reserve Bank of Australia (RBA) has said the global economy is stabilising and the country can expect to enjoy... READ MORE
Broker’s refinancing business surges
by Staff Reporter • 22 Jul 2009
Almost 40 per cent of Aussie Home Loans’ customers are using their loan for re-financing purposes, the broker has... READ MORE
Broker market share over 40pc: Genworth
by Staff Reporter • 22 Jul 2009
An increasing number of Australians are turning to brokers to write their loans, The Genworth Financial Mortgage Trends... READ MORE
UK lending rises but still long way to go
by Staff Reporter • 21 Jul 2009
The amount of UK mortgage lending rose in June, data from the Council of Mortgage Lenders (CML) has found.
READ MORE
Covered bonds to play part in funding
by Staff Reporter • 21 Jul 2009
Pressure is mounting on treasury officials to allow banks to issue ‘covered bonds’ as a means of restoring... READ MORE
Mortgage fund manager loses court battle
by Staff Reporter • 21 Jul 2009
Mortgage fund manager Balmain Trilogy has won the right to control City Pacific First Mortgage Fund in a court... READ MORE
Prestige property market breakdown
by Staff Reporter • 21 Jul 2009
Properties at the top end of the market are currently suffering significant losses, with values falling anywhere up to... READ MORE
New report predicts drop in unemployment
by Staff Reporter • 21 Jul 2009
Australia’s unemployment rate will peak at 7.5 per cent rather than 8.5 per cent, Access Economics’ new Business... READ MORE
ANZ slashes servicing times
by Staff Reporter • 21 Jul 2009
ANZ has put their turnaround times back on track after a recent blowout that saw the bank take 12 days to process... READ MORE
Auction clearance rates surge
by Staff Reporter • 20 Jul 2009
Sydney’s auction clearance rate surged over the weekend, hitting 74.7 per cent, statistics from Australian Property... READ MORE
Govt under pressure to inject funds into AOFM
by Staff Reporter • 20 Jul 2009
The federal government is under pressure from the housing sector to inject more funds into the mortgage market to... READ MORE
Rise in US home building a positive sign
by Staff Reporter • 20 Jul 2009
US home building rose in June for the third straight month, data from the US Census Bureau has revealed.
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Pisces emerges from administration
by Staff Reporter • 20 Jul 2009
Mortgage industry technology solutions provider Pisces Group has come out of voluntary administration.
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NAB rethinks mortgage strategy
by Staff Reporter • 20 Jul 2009
NAB is pursuing targeted growth with a multi-brand strategy in order to attract home buyers back to the bank, The... READ MORE
Broker sentenced to 41 months imprisonment
by Staff Reporter • 20 Jul 2009
An American mortgage broker has been sentenced to 41 months imprisonment after being convicted of conspiracy in... READ MORE
Brokers key channel for new ANZ investment loan
by Staff Reporter • 20 Jul 2009
ANZ will today launch a new mortgage product geared for an investment market primed for growth – and brokers have... READ MORE
Mortgage Choice quashes takeover rumour
by Staff Reporter • 17 Jul 2009
Reports of an imminent Mortgage Choice takeover of the LJ Hooker real estate agency business from Suncorp have today... READ MORE
Co-ownership surges in popularity
by Staff Reporter • 17 Jul 2009
The number of enquiries from friends and relatives wishing to buy a property together has risen 300 per cent,... READ MORE
ING gets ‘hands-on’ with brokers
by Staff Reporter • 17 Jul 2009
ING DIRECT has undertaken some ‘hands-on’ training to gain a better understanding of the challenges and needs of... READ MORE
Loose lending drives Chinese property surge
by Staff Reporter • 17 Jul 2009
China’s economy has surged in the second quarter to grow 7.9 per cent year on year.
READ MORE
House prices on the rise
by Staff Reporter • 17 Jul 2009
Statistics from Residex data has shown national house prices rose 0.7 per cent in June after a 2.1 per cent climb in... READ MORE
Citibank questions minimum volume quotas
by Staff Reporter • 17 Jul 2009
Second tier lender Citibank has spoken out against minimum volume requirements and has assured brokers that it will not... READ MORE
Investors full of confidence
by Staff Reporter • 17 Jul 2009
Investors are venturing back into the market, attracted by strong rental yields and an overall improvement in... READ MORE
Australians invest in property to make a buck
by Staff Reporter • 16 Jul 2009
Australians are investing in the property market to make up for weak returns on their super funds and share... READ MORE
Construction plunges in March quarter
by Staff Reporter • 16 Jul 2009
Final figures released yesterday by the Australian Bureau of Statistics (ABS) confirm that new residential building... READ MORE
Arrears hits lowest level in a year
by Staff Reporter • 16 Jul 2009
Arrears on residential mortgage loans underlying Australian prime residential mortgage-backed securities (RMBS) fell to... READ MORE
Leading Index shows signs of growth
by Staff Reporter • 16 Jul 2009
The Westpac – Melbourne Institute Leading Index registered -3.9 per cent in May, highlighting a modest recovery in... READ MORE
No further rate cuts: NAB
by Staff Reporter • 16 Jul 2009
NAB has claimed it does not expect the Reserve Bank of Australia (RBA) to cut the cash rate again.
READ MORE
Mortgage Choice linked with LJ Hooker acquisition
by Staff Reporter • 16 Jul 2009
Industry speculation is mounting that Mortgage Choice will soon acquire Suncorp's LJ Hooker real estate agency... READ MORE
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