Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Originator launches 4.19pc fixed rate

by Staff Reporter • 30 Mar 2009

Mortgage Ezy has launched a new fixed rate fee-free product as part of its ongoing strategy to support brokers with...READ MORE

Arrears continue to climb

by Staff Reporter • 27 Mar 2009

Arrears on prime Australian securitised mortgages inched up in January to 1.84 per cent, according to the latest data... READ MORE

RAMS 100pc mortgage cut from franchise channel

by Staff Reporter • 27 Mar 2009

Less than a week after withdrawing its no deposit home loans from the broker channel RAMS Home Loans has today... READ MORE

US economy continues to contract

by Staff Reporter • 27 Mar 2009

The American economy shrank at its fastest pace in over two decades during the fourth quarter of 2008, the US Commerce... READ MORE

Funding boost for non-banks

by Staff Reporter • 27 Mar 2009

The non-bank sector is poised to benefit from the government’s RMBS initiative once again with the latest round... READ MORE

Lending standards to shield Australian market

by Staff Reporter • 27 Mar 2009

Low interest rates and the increased first home buyer grant are unlikely to lead to a US-type property market... READ MORE

Sentiment survey reveals strong shift to non-bank lenders

by Staff Reporter • 26 Mar 2009

Nearly two thirds of brokers plan to recommend non-bank products over the coming quarter, the latest Mortgage Business... READ MORE

US property market finally on the rise

by Staff Reporter • 26 Mar 2009

New US home sales rose for the first time in February after seven months of decline indicating that the market may... READ MORE

NAB to tackle negative bank perceptions

by Staff Reporter • 26 Mar 2009

NAB chief Cameron Clyne has conceded the big banks are perceived to be profiteering from the credit crisis and has... READ MORE

Repossessed property 'fire-sales' could face ban

by Staff Reporter • 26 Mar 2009

Struggling homeowners facing foreclosure in New South Wales could have their home prices guaranteed under proposed new... READ MORE

Reno, building costs expected to slide

by Staff Reporter • 26 Mar 2009

Renovation and new home building costs are expected to drop in the next six months, Archicentre has revealed.

Bankruptcies hike 261pc in two decades

by Staff Reporter • 26 Mar 2009

Personal insolvencies have increased significantly over the past two decades and have spread from unskilled workers to... READ MORE

Australia's office market strides ahead of international counterparts

by Staff Reporter • 25 Mar 2009

Australia’s commercial office space is performing significantly well compared to most other international markets... READ MORE

Britain cannot afford further stimulus: Bank of England

by Staff Reporter • 25 Mar 2009

The Bank of England has warned the British government it cannot afford any further stimulus measures to prop up the... READ MORE

Citibank puts brakes on origination

by Staff Reporter • 25 Mar 2009

Citibank has tightened its lending policy in a move to reduce its volumes and ensure the bank “continues to... READ MORE

Aussie wins over Wizard franchisees

by Staff Reporter • 25 Mar 2009

Aussie has announced that more than 100 Wizard franchisees have now signed agreements despite a number of groups... READ MORE

Faster turnarounds for high frequency brokers: St George

by Staff Reporter • 25 Mar 2009

A significant increase in mortgage volumes has seen St George segment brokers in order to deliver faster turnaround... READ MORE

Report reveals top suburbs for capital growth in 2008

by Staff Reporter • 25 Mar 2009

Despite a generally flat market some areas have still achieved outstanding growth over the past 12 months a report... READ MORE

RAMS pulls 100 per cent loans from broker channel

by Staff Reporter • 24 Mar 2009

RAMS Home Loans has withdrawn its 100 per cent home loans from the broker channel due to unsustainably high... READ MORE

US government to buy up banks' toxic assets

by Staff Reporter • 24 Mar 2009

The Obama administration overnight announced a raft of incentives for private investors to help rid banks of up to US$1... READ MORE

AMP Bank prices $535 million RMBS

by Staff Reporter • 24 Mar 2009

AMP Bank is the seventh lender to successfully price an RMBS issue through the Australian Office of Financial... READ MORE

Investor business the next boom for brokers

by Staff Reporter • 24 Mar 2009

First home buyers may be at the forefront of most brokers’ marketing activities but an upswing in investor... READ MORE

Sharp rise in March volumes for major aggregator

by Staff Reporter • 24 Mar 2009

AFG is on track for a bumper month and may even top its previous high of $3.1 billion in applications achieved in May... READ MORE