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Melbourne auctions disappoint
by Staff Reporter • 13 Feb 2009
Melbourne auctions recorded a disappointing result on the weekend, newly released figures today revealed. READ MORE
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Lenders drop mortgage brokers: US
by Staff Reporter • 13 Feb 2009
Some US lenders are cutting back on doing business with mortgage brokers, raising concerns about the impact on... READ MORE
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Business confidence smashed
by Staff Reporter • 13 Feb 2009
Deteriorating economic conditions have seen business confidence fall to an all time low. READ MORE
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CBA suspends bushfire victims' home loan costs
by Staff Reporter • 13 Feb 2009
The Commonwealth Bank (CBA) has announced an emergency assistance package for its customers affected by the Victorian... READ MORE
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One in every 466 US houses in foreclosure
by Staff Reporter • 13 Feb 2009
Foreclosures in the United States recovered in January but still remain comparatively high, figures released overnight... READ MORE
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New stimulus plan faces Senate hurdle
by Staff Reporter • 13 Feb 2009
The government will attempt to pass an amended version of its $42 billion stimulus package through the Senate this... READ MORE
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Robust job market despite unemployment hike
by Staff Reporter • 13 Feb 2009
The jobless rate continued to climb in January but Australia’s job market remains surprisingly resilient. READ MORE
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England's recession deepening: BoE
by Staff Reporter • 12 Feb 2009
Bank of England (BOE) governor Mervyn King has conceded that the UK is in a “deep recession” and indicated that the... READ MORE
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A tad more rate relief needed to sustain market recovery
by Staff Reporter • 12 Feb 2009
While the indicators for borrowing activity are looking bright, many brokers believe further rate relief from the RBA... READ MORE
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Consumers positive about present; uneasy about future
by Staff Reporter • 12 Feb 2009
While Australians seem positive about their current situation they have growing fears about what the future may hold. READ MORE
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West Coast Eagles teams up with The Mortgage Gallery
by Staff Reporter • 12 Feb 2009
WA based franchise brokerage The Mortgage Gallery (TMG) today announced that it has entered into a partnership with... READ MORE
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Full future rate cuts unlikely to reach borrowers: CBA
by Staff Reporter • 12 Feb 2009
Commonwealth Bank borrowers may not see the full benefit of future rate cuts warned CEO Ralph Norris yesterday. READ MORE
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US stimulus packages passes through the Senate
by Staff Reporter • 11 Feb 2009
A recovery for the ailing US economy looks one step closer after the Senate approved Barack Obama’s US$838... READ MORE
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Surge in December lending: ABS
by Staff Reporter • 11 Feb 2009
Brokers will be buoyed by the news that housing finance activity soared in December confirming lower interest rates,... READ MORE
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Interest rates could curb booms: RBA
by Staff Reporter • 11 Feb 2009
The RBA says the role of monetary policy could be widened and used to avoid damaging price bubbles in housing and... READ MORE
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CBA profit hit by difficult economic environment
by Staff Reporter • 11 Feb 2009
The Commonwealth Bank today reported a rise in first-half net profit of 9 per cent to $2.57 billion, compared to $2.37... READ MORE
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Business confidence back in decline
by Staff Reporter • 11 Feb 2009
COMMENT HERE   READ MORE
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AFM calls on industry for bushfire support
by Staff Reporter • 11 Feb 2009
Australian First Mortgage (AFM) will appeal to the mortgage broking and lending industry to dig deep to help victims... READ MORE
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New Allstate product to challenge banks
by Staff Reporter • 10 Feb 2009
Further signs that the non-bank sector is gaining ground against the banks continue to emerge with the launch of a low... READ MORE
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Challenger cuts rates
by Staff Reporter • 10 Feb 2009
Challenger Mortgage Management (Challenger) has kept pace with other major lenders announcing yesterday that it would... READ MORE
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New tool to better brokers' business health
by Staff Reporter • 10 Feb 2009
The MFAA has released a new diagnostic tool to help members assess the operating health of their businesses. READ MORE
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Prime RMBS arrears up 12bps
by Staff Reporter • 9 Feb 2009
Arrears on residential loans underlying Australian prime RMBS mortgages jumped 12 basis points to 1.70 per cent in... READ MORE
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Stargate wins finconnect broker CRM business
by Staff Reporter • 9 Feb 2009
The Stargate Group (Stargate) has announced a new partnership with finconnect to provide its Symmetry CRM platform to... READ MORE
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Strong results for Sydney property auctions
by Staff Reporter • 9 Feb 2009
Auction clearance rates hit 78 per cent in Sydney over the weekend with a total sale price of over $35 million,... READ MORE
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Australian home loan rates drop faster than overseas counterparts
by Staff Reporter • 9 Feb 2009
Home loans rates are falling faster in Australia than in most other developed countries, according to the RBA. READ MORE