Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Housing undersupply to hit 431,000 by 2028

by Staff Reporter • 12 Mar 2009

A government assessment of housing supply has confirmed that Australia is suffering a severe housing shortage that...READ MORE

Brokers fear volume drop without increased FHOG

by Staff Reporter • 12 Mar 2009

The government has come under increasing pressure to extend the increased first home buyer grant as fears grow that... READ MORE

NZ rates hit record low

by Staff Reporter • 12 Mar 2009

The New Zealand cash rate hit an all time low today after the Reserve Bank of New Zealand (RBNZ) cut rates by 50 basis... READ MORE

Freddie delivers another shocking loss

by Staff Reporter • 12 Mar 2009

Freddie Mac, the second largest home loan provider in the United States, has delivered a fourth quarter loss of... READ MORE

Housing finance continues to grow

by Staff Reporter • 11 Mar 2009

Home buyer activity – buoyed by first home owners – continued to climb in January, official figures from... READ MORE

Broker at centre of wide scale UK mortgage fraud

by Staff Reporter • 11 Mar 2009

A raft of people were arrested in England overnight in connection to a suspected £40 million (A$85 million)... READ MORE

Business conditions, expectations weaken

by Staff Reporter • 11 Mar 2009

Business conditions continued to deteriorate in February, National Australia Bank’s monthly business survey... READ MORE

Financial crisis to become 'great recession': IMF

by Staff Reporter • 11 Mar 2009

The International Monetary Fund (IMF) has joined The World Bank in predicting the global economy to shrink in... READ MORE

Job ad plunge sign of worse to come

by Staff Reporter • 11 Mar 2009

Job advertisements plummeted in February painting a bleak picture for the labour market.

Westpac seeks SME dominance

by Staff Reporter • 11 Mar 2009

Westpac has outlined plans to capitalise on the funding gap in the small-to-medium sized business market and intends... READ MORE

ASIC intervenes in FirstMac low doc enforcement

by Staff Reporter • 10 Mar 2009

An ongoing ASIC investigation into the Streetwise Group has now become a test case for low-doc loan enforcement as... READ MORE

Mortgage index confirms FHB surge

by Staff Reporter • 10 Mar 2009

The latest AFG Mortgage Index released today has confirmed that first home buyers are rushing to take advantage of... READ MORE

Retail property investment activity tipped to rise

by Staff Reporter • 10 Mar 2009

Despite the economic slowdown the nation’s retail sector is forecast a burst of sales activity during the first... READ MORE

Government investment boosts funds for CUA

by Staff Reporter • 10 Mar 2009

Credit Union Australia (CUA) has become the latest lender to benefit from the government’s investment in the... READ MORE

Global economy to shrink in 2009 on back of crisis

by Staff Reporter • 10 Mar 2009

The World Bank has forecasted the international economy to shrink in 2009 for the first time since World War... READ MORE

CBA hiring as loan volumes swell

by Staff Reporter • 9 Mar 2009

The Commonwealth Bank is looking to increase its home loan staff as borrower activity soars.

New majority shareholder for Centric Lending Services

by Staff Reporter • 9 Mar 2009

The lending arm of wealth advisory group Centric Wealth – Centric Lending Services – has welcomed a major... READ MORE

Small business finance to improve

by Staff Reporter • 9 Mar 2009

Funding for small business borrowers should see an improvement following a roundtable meeting between banks and... READ MORE

Mixed results for nation's auction clearance rate

by Staff Reporter • 9 Mar 2009

Auction clearance rates continued to climb in Sydney over the weekend however the number of properties going under the... READ MORE

Brokers first port of call for FHB advice

by Staff Reporter • 9 Mar 2009

Research released by Mortgage Choice today confirms the value first home buyers place in mortgage brokers.