Breaking News
First quarter slide for housing markets
by • 26 May 2008
House prices softened considerably during the first quarter of the year, data released by the Real Estate Institute of...READ MORE
GMAC-RFC confirms $302 million non-conforming RMBS
by • 24 May 2008
GMAC-RFC confirmed today that it successfully placed a $302.8 million non-conforming RMBS issue, following a refusal... READ MORE
US home prices fall significantly in Q1
by • 24 May 2008
US home prices suffered the largest quarterly decline in record in the first quarter of 2008, according to the Office... READ MORE
Budget fails to ease consumers? inflationary expectations
by • 23 May 2008
The Federal Government’s budget has offered little hope to consumers to combat inflation, according to the... READ MORE
Borrowers apprehensive about refinancing
by • 22 May 2008
Many Australian homebuyers want to refinance their home loans but a high level of apathy could be holding them back,... READ MORE
Suncorp securitises $2.6 billion of home loans
by • 22 May 2008
Suncorp securitised $2.6 billion in residential mortgages last Thursday, 15 May.
READ MOREBanks benefit as businesses seek local financing
by • 22 May 2008
With international funding markets still dry, Australian businesses are increasingly looking to local banks to finance... READ MORE
Affordability worsens for first home buyers
by • 22 May 2008
The HIA-CBA First Home Buyer Affordability Index fell during the first quarter this year by 3.5 per cent – 10... READ MORE
GMAC prices $300 million RMBS
by • 22 May 2008
GMAC-RFC reportedly priced a RMBS deal yesterday worth $300 million.
READ MOREMortgage delinquencies to increase: Fitch
by • 21 May 2008
Mortgage delinquencies rose in the first quarter of 2008 and are expected to increase further as the impact of... READ MORE
RHG to move back RMBS call dates
by • 21 May 2008
RHG Ltd (previously RAMS Home Loans Group) has proposed a change to upcoming call dates on some of its outstanding... READ MORE
Seiza pulls back on funding
by • 21 May 2008
Tough capital market conditions have forced Seiza Capital to reduce funding for some products, including low-doc... READ MORE
CBA announces new commissions structure
by • 21 May 2008
The Commonwealth Bank of Australia (CBA) this afternoon revealed changes to broker remunerations after weeks of... READ MORE
Borrowers escaped rate rise by skin of their teeth in May
by • 21 May 2008
Borrowers were close to being hit with another interest rate hike this month, according to the minutes of the RBA May... READ MORE
Connective director says time to step back
by • 20 May 2008
Sof Tsialtas has stepped down as director of aggregation group Connective, but said he would continue to have an... READ MORE
UCU and mecu to merge
by • 20 May 2008
Victorian-based credit union mecu today announced plans to merge with Queensland’s Uni Credit Union (UCU) in a... READ MORE
Macquarie delivers record net profit
by • 20 May 2008
Macquarie Group delivered a record net profit today of $1.8 billion after tax for the year ending 31 March 2008... READ MORE
US housing starts experience April recovery
by • 20 May 2008
Housing starts in the US rose more than expected during April to reach a seasonally-adjusted 1,032,000, the US... READ MORE
Aggregation groups braced for consolidation
by • 20 May 2008
The aggregation sector is geared for consolidation as sweeping changes to broker remuneration and cost pressures... READ MORE
Four capital cities report negative growth in April
by • 19 May 2008
Four of the country’s capital city housing markets experienced negative growth in April, Residex revealed on... READ MORE
Residential property listings up 74 per cent
by • 19 May 2008
The number of houses listed for sale surged over the last twelve months in a sign that more Australians are feeling... READ MORE
Citibank reopens frozen credit markets
by • 16 May 2008
Citibank confirmed today that it had reopened Australian securitisation markets with a $500 million Class A note RMBS... READ MORE
Budget may slow investor activity
by • 16 May 2008
Tax cuts announced in the Federal budget this week could slow investor activity and worsen the plight for renters, RP... READ MORE
Upward swing to UK inflation
by • 15 May 2008
The rate of inflation rose in the UK in April to three per cent – the highest rate in five years and well above... READ MORE
Freddie Mac losses ?an improvement?
by • 15 May 2008
US government-sponsored Freddie Mac reported a net loss of $151 million for the first quarter of 2008 overnight... READ MORE
RMBS arrears rise, further losses expected
by • 15 May 2008
Arrears on prime residential mortgages rose in January this year to 1.24 per cent from 1.09 per cent in December 2007,... READ MORE
Significant reduction to Virgin Money mortgage origination
by • 15 May 2008
Increased funding costs and a reduction in available credit saw Virgin Money scale back on residential mortgage... READ MORE
Budget won?t rid economy of inflationary pressures
by • 14 May 2008
The Rudd Government’s budget delivered overnight is not expected to completely dampen inflationary pressures in... READ MORE
Budget brings First Home Savers Accounts to life
by • 14 May 2008
The Federal budget delivered last night included several measures to combat housing affordability.
READ MOREHSBC satisfied with Q1 results
by • 13 May 2008
HSBC has announced it made a strong start to the year despite turbulence in global financial markets.
READ MORE
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more