Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

RMBS volumes plunge 80.5pc

by Staff Reporter • 8 May 2008

Moody’s Australian RMBS Performance Review released yesterday confirmed the startling lack of activity in...READ MORE

Mortgage lending set for tough 18 months

by Staff Reporter • 7 May 2008

Flagging consumer sentiment, record low housing affordability and the global credit crunch are all expected to take... READ MORE

Boost for Victorian first home buyers

by Staff Reporter • 7 May 2008

First home buyers in regional Victoria will be able to receive up to $15,000 in government assistance towards the... READ MORE

NAB reveals vision for new broker industry

by Staff Reporter • 7 May 2008

NAB Broker announced yesterday it will gear its services towards what it believes will be an advice-based Australian... READ MORE

Commercial property strong investment choice in turbulent times

by Staff Reporter • 7 May 2008

Despite uncertain economic conditions commercial property opportunities remain strong for investors, according to... READ MORE

St George announces strong H1 result

by Staff Reporter • 6 May 2008

St George delivered a record first half cash profit of $603 million today, 6.2 per cent up from the corresponding... READ MORE

US lending standards tightened across the board

by Staff Reporter • 6 May 2008

The number of American banks that had tightened their lending standards increased significantly over the three months... READ MORE

Rates on hold as demand slows

by Staff Reporter • 6 May 2008

The RBA has decided to leave the cash rate unchanged at 7.25 per cent.

Bleak outlook for industry growth: AFG

by Staff Reporter • 6 May 2008

April mortgage sales for aggregation group Australian Finance Group (AFG) could reflect a significant slowdown in... READ MORE

Brokers flock to white labelling

by Staff Reporter • 5 May 2008

Rising funding costs, shrinking liquidity and uncertainty over broker commissions have fuelled a surge of broker... READ MORE

House prices feel brunt of high interest rates

by Staff Reporter • 5 May 2008

House price indexes released by the ABS today confirmed that housing markets have slowed markedly because of the... READ MORE

Bendigo Bank hikes variable rate

by Staff Reporter • 5 May 2008

Bendigo Bank announced a 0.10 per cent increase to its variable interest rate on Friday.

Fed announces further measures to improve liquidity

by Staff Reporter • 5 May 2008

The US Federal Reserve (Fed) announced an expansion of its liquidity measures on Friday to counteract persistent... READ MORE

Building approvals down, worse to come: MBA

by Staff Reporter • 2 May 2008

Building approvals slumped in March, data from the ABS has revealed yesterday.

Australians' financial savvy still has some way to go

by Staff Reporter • 2 May 2008

Mortgage lenders and brokers have their work cut out for them with almost half of Australians believing they can... READ MORE

BoE says banks overstate losses

by Staff Reporter • 2 May 2008

UK banks have overstated sub-prime related losses, which is likely to delay any improvements in confidence levels in... READ MORE

No commission cuts from ANZ

by Staff Reporter • 2 May 2008

ANZ has broken its silence on broker commissions, confirming exclusively with Mortgage Business this afternoon that no... READ MORE

New home sales hit by high interest rates

by Staff Reporter • 1 May 2008

New home sales figures released yesterday by the Housing Institute of Australia (HIA) show that high interest rates... READ MORE

Westpac delivers strong profit result

by Staff Reporter • 1 May 2008

Westpac this morning delivered a “robust” net profit for the six months ending 31 March 2008 of $2,202... READ MORE

US rates down to 2pc

by Staff Reporter • 1 May 2008

The Federal Reserve’s Federal Open Market Committee lowered the United States’ official cash rate... READ MORE

New St George commissions structure wins aggregator approval

by Staff Reporter • 1 May 2008

St George announced yesterday that from 1 June 2008 it will change the way mortgage brokers earn their commissions.... READ MORE