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Wilson National to strengthen white label offering

by Staff Reporter • 25 Mar 2008
Mortgage manager Wilson National will boost its white label product offering to businesses through adding a Visa...READ MORE

Melbourne rental vacancies drop below one per cent

by Staff Reporter • 20 Mar 2008

Melbourne rental vacancies have fallen for the first time on record below one per cent.

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UK AVM provider ramps up Aussie operations

by Staff Reporter • 20 Mar 2008
Hometrack, a leading provider of automated valuations (AVMs) in the UK, is ramping up its Australian operations,... READ MORE

Rents increase rapidly

by Staff Reporter • 20 Mar 2008
Rents are increasing at rapid rates throughout the country, with the nation’s capital now the most expensive... READ MORE

$500 million Bluestone boost

by Staff Reporter • 20 Mar 2008
Non-conforming lender Bluestone today announced that it had successfully concluded a renewal discussion with Westpac,... READ MORE

ING DIRECT to fund Resi

by Staff Reporter • 19 Mar 2008
Despite some lenders scaling back wholesale funding due to tough market conditions, ING DIRECT has announced a new... READ MORE

Reverse mortgage growth stunted by slow second half performance

by Staff Reporter • 19 Mar 2008
Demand continued to grow for reverse mortgages throughout 2007 but the sector struggled to maintain sales volumes in... READ MORE

US rates cut by 0.75 per cent

by Staff Reporter • 19 Mar 2008

The official US cash rate was slashed again overnight by 75 basis points to 2.25 per cent.

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Uncomfortably high inflation behind March rate rise: RBA minutes

by Staff Reporter • 19 Mar 2008
Inflation proved once again a significant factor in the RBA’s decision to lift interest rates this month,... READ MORE

House price growth outweighs income increases

by Staff Reporter • 18 Mar 2008
Housing prices have increased significantly compared to incomes over the last two decades, according to the AMP/NATSEM... READ MORE

Fed moves to bolster market liquidity

by Staff Reporter • 18 Mar 2008
The US Federal Reserve (Fed) has announced two measures this week to “bolster market liquidity” and... READ MORE

MFAA asks borrowers not to write off non-banks

by Staff Reporter • 17 Mar 2008
The MFAA, showing support for the non-bank sector, has encouraged Australian borrowers to consider both banks and... READ MORE

Falling consumer confidence won?t sway RBA on rates

by Staff Reporter • 17 Mar 2008

Consumer confidence has been dented but further rate rises may be on the cards.

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Property values hit by rate rise: Residex

by Staff Reporter • 17 Mar 2008

Property markets are hurting from the latest string of interest rate rises, Residex data has revealed.

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End in sight for global sub-prime write-downs?

by Staff Reporter • 17 Mar 2008

The end may be nigh for sub-prime write downs, according to Standard & Poor’s Ratings Services.

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Macquarie low-doc rate jumps 70 basis points

by Staff Reporter • 14 Mar 2008
Macquarie Mortgages has raised the rate on its stated income low doc loans by 70 basis... READ MORE

Banks?profitability increases pressure on broker commissions

by Staff Reporter • 14 Mar 2008
Lenders need to radically review their use of brokers if they are to improve profitability, according to JPMorgan and... READ MORE

Bluestone to wind back residential and commercial origination

by Staff Reporter • 14 Mar 2008
Bluestone Group yesterday announced that it would materially reduce its residential origination levels and suspend... READ MORE

Labour market tightens, again

by Staff Reporter • 13 Mar 2008

The national unemployment rate dropped again in February to four per cent, seasonally adjusted.

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Younger Australians falling in and out of love, and their homes

by Staff Reporter • 13 Mar 2008
More young Australians are embarking on home ownership than at any other time in history, research by Flinders... READ MORE

Latest commercial and leasing finance commitments up on December

by Staff Reporter • 13 Mar 2008
The value of total commercial finance achieved a seasonally adjusted increase of 14.4 per cent in January to $51.007... READ MORE

Rental affordability scheme: good in theory but not in practice?

by Staff Reporter • 13 Mar 2008
The federal government’s recently announced initiatives to tackle housing affordability have been met with... READ MORE

Strong capital growth good news for investors

by Staff Reporter • 12 Mar 2008

The weighted average median Australian house price hit $471,300 in the December quarter 2007.

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Increase rates or limit lending: ANZ

by Staff Reporter • 12 Mar 2008
ANZ announced this afternoon that it will increase the interest rate on its variable rate products by 0.35 per... READ MORE

Mortgage Choice urges government to rethink tax cuts

by Staff Reporter • 12 Mar 2008
Mortgage brokerage Mortgage Choice today called on the federal government to abandon its tax cut plans and pause on... READ MORE

Investors spur January increase in dwelling commitments

by Staff Reporter • 11 Mar 2008
The total value of housing commitments rose a seasonally adjusted 3.7 per cent in January to $23.166 billion compared... READ MORE

Change of pace for Queensland?s housing market

by Staff Reporter • 11 Mar 2008
Queensland’s residential market’s bull-run is coming to an end, according to the Real Estate Institute of... READ MORE

CBA lifts rates by 0.35pc

by Staff Reporter • 11 Mar 2008
The Commonwealth Bank (CBA) this afternoon announced that it would increase its standard variable home loan rate by 35... READ MORE

Leading mutual winds back broker originated business

by Staff Reporter • 11 Mar 2008
Credit Union Australia (CUA) today officially confirmed it would wind-back originating mortgages via third-party... READ MORE

Virgin Money ?unaffected? by Macquarie?s exit

by Staff Reporter • 10 Mar 2008
Despite shutting the doors on its mortgage division, Macquarie Securitisation Limited (MSL) has vowed its partnership... READ MORE
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