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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
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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
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$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
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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
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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
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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. READ MORE
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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
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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
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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
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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
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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. READ MORE
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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. READ MORE
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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. READ MORE
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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 points. READ MORE
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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
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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
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Labour market tightens, again
by Staff Reporter • 13 Mar 2008
The national unemployment rate dropped again in February to four per cent, seasonally adjusted. READ MORE
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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
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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
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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
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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. READ MORE
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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 cent. READ MORE
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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
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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
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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