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Slow home sales in the US reflect tight lending standards

by • 26 Feb 2008
Sales of existing homes in the US continue to steadily decline, the American National Association of Realtors (NAR)...READ MORE

Weekly news wrap

by • 25 Feb 2008
The poor savings habits of Australians attracted the media’s attention last week. Just 34 per cent of 2,000... READ MORE

40 year mortgages soar in popularity

by • 25 Feb 2008

Young Australian borrowers are flocking to longer term loans in a bid to combat housing affordability.

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Mortgage industry braced for increased funding costs

by • 25 Feb 2008
Mortgage businesses expect the cost of funds to rise over 2008, according to last week's Mortgage Business straw... READ MORE

Challenger mortgages records steady first half result

by • 25 Feb 2008
Challenger Mortgage Management today revealed a net income of $85 million for the six months ending 31 December 2007... READ MORE

Sydney and Melbourne auction rates slow

by • 25 Feb 2008
National residential property markets reported reasonable, but not amazing, auction clearance rates over the weekend.... READ MORE

Further bank rate rises unlikely: NAB

by • 25 Feb 2008
Chief executive of the NAB John Stewart has downplayed the prospects for any further bank rate rises outside of those... READ MORE

Cuscal confident of meeting full year profit targets

by • 23 Feb 2008
Wholesale banking and transactional banking provider Cuscal has reported a net profit of $8.6 million for the half... READ MORE

APRA urges institutions to prepare for tough 12 months

by • 22 Feb 2008
Banking and finance institutions need to ensure the value of their assets are realistic and to prepare for a difficult... READ MORE

Call for land tax and stamp duty cuts to boost rental stock

by • 22 Feb 2008
The federal opposition has called on the government to cut land tax and stamp duty to help improve the supply of... READ MORE

Wilson National expands operations

by • 22 Feb 2008
A surge in white label and direct business demand has prompted Queensland-based mortgage manager Wilson National to... READ MORE

Outer suburbs shoulder the cost of rate rises

by • 22 Feb 2008
The divide in the housing market is continuing to worsen, with residential property in the outer suburbs of Australian... READ MORE

Wage rises fail to keep up with mortgage costs

by • 21 Feb 2008
Full-time adult total earnings increased by 0.6 per cent in the three months to November 2007, ABS figures released... READ MORE

Melbourne 2008 property hotspots revealed

by • 21 Feb 2008
Reservoir, Frankston, Dandenong, Footscray and Lorne/Surf Coast have been named as the hot spots for Melbourne’s... READ MORE

Housing shortage to continue in 2008

by • 21 Feb 2008
The short-term outlook for the nation’s housing supply looks bleak, according to forecasts by the Housing... READ MORE

Mortgage Choice registers record six month profit

by • 21 Feb 2008
Mortgage broker Mortgage Choice today delivered a $10.6 million record net profit for the six months to December 2007.... READ MORE

Wages up but not out of control

by • 21 Feb 2008

Wage price growth stayed under control in the last quarter of 2007, ABS data revealed yesterday.

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13-year high for swap rate

by • 21 Feb 2008

The cost of funding is going anywhere but down, with the three-month bank bill swap rate surging yesterday.

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RBA minutes signal further rises to come

by • 20 Feb 2008
Rates look certain to rise again in March and again throughout 2008, with minutes from February's RBA Monetary Policy... READ MORE

Changed broker commission structure for new BankWest home loan

by • 20 Feb 2008
BankWest has beefed up its new retail banking presence with the launch of a new discounted loan priced 75 basis points... READ MORE

ACCU tables $5.96m profit despite funds cost increase

by • 20 Feb 2008
Australian Central Credit Union (ACCU) has reported a satisfying financial performance for the half year to December... READ MORE

Demand for no-deposit loans reaffirmed

by • 19 Feb 2008
Mortgage products requiring little or no deposit look set to thrive because of Australian’s inability to... READ MORE

Non-involvement with risky loans pays off for Wide Bay

by • 19 Feb 2008
Wide Bay Australia yesterday reported an after tax profit of $8.23 million for the six months ending 31 December... READ MORE

Odds for consecutive rate rise at 95pc: Reuters

by • 19 Feb 2008
The RBA is almost certain to lift interest rates again in March, according to a Reuters survey of 22... READ MORE

New-look RAMS re-emerges with 'can-do attitude'

by • 19 Feb 2008
RAMS Home Loans has unveiled a new era with the launch of a campaign “RAMS can, so you can,” the lender... READ MORE

Borrowers to re-negotiate rather than refinance

by • 18 Feb 2008
Refinancing activity following the RBA February rate rise is not expected to dramatically increase, according to... READ MORE

Bendigo reports 34.1pc rise in net profit

by • 18 Feb 2008

Bendigo Bank today announced a net profit of $72.8 million for the six month period to 31 December.

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Perth property ripe for investors: REIWA

by • 18 Feb 2008
Perth’s housing market flat lined over the December quarter, preliminary data from the Real Estate Institute of... READ MORE

Proposed national legislation could cripple broker distribution for...

by • 18 Feb 2008
Uniform regulation has strong support from the mortgage industry, but key points of the proposed National Finance... READ MORE

Generation Y shifting to property over FMCGs: Genworth

by • 18 Feb 2008
Generation Y presents a lucrative target market for mortgage lenders, the latest Genworth Financial Spotlight Series... READ MORE
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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
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