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Over 60s still confused about reverse mortgages
by Staff Reporter • 14 Feb 2008
An overwhelming number of retirees do not understand equity release products, the SEQUAL-RFI Reverse Mortgage Study... READ MORE
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NZ to create affordable housing supply
by Staff Reporter • 14 Feb 2008
The New Zealand government yesterday announced action plans to make housing more affordable for more the... READ MORE
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Significant drop in banking, mortgage jobs
by Staff Reporter • 13 Feb 2008
The demand for staff across the banking and finance sector is on the decline, the Olivier Job Index for January... READ MORE
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Project Lifeline extended to struggling US borrowers
by Staff Reporter • 13 Feb 2008
The US Treasury Secretary Henry Paulson announced overnight an urgent plan to assist struggling US homeowners who are... READ MORE
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Wholesale funding costs to stay high: CBA
by Staff Reporter • 13 Feb 2008
Wholesale funding costs are likely to remain above levels experienced in 2007, the Commonwealth Bank (CBA) said today. READ MORE
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Housing affordability continues to worsen
by Staff Reporter • 13 Feb 2008
Despite a slight improvement in home affordability in New South Wales, the national index for housing affordability... READ MORE
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Small improvement in affordability for NSW home buyers
by Staff Reporter • 13 Feb 2008
Housing affordability for first home buyers in NSW improved slightly during the last quarter of 2007. READ MORE
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'Natural selection' to drive market consolidation
by Staff Reporter • 12 Feb 2008
Consolidation has been tipped once again as the future for mortgage lenders The Advertiser reported today. READ MORE
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Developers add luxury extras to entice home buyers
by Staff Reporter • 12 Feb 2008
Property developers are adding luxury extras to housing estates in a bid to entice buyers, The Australian Financial... READ MORE
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Consumer appetite for debt slows
by Staff Reporter • 12 Feb 2008
Australian consumers have become increasingly cautious about taking on extra debt, the Veda Advantage Credit Demand... READ MORE
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ASIC to review home loan fees ?immediately?
by Staff Reporter • 12 Feb 2008
ASIC will commence its examination into home loan switching fees immediately in line with the Federal... READ MORE
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Turbulent market could favour non-banks
by Staff Reporter • 12 Feb 2008
Volatile market conditions and a rising rate environment could pave the way for a resurgent non-bank sector. READ MORE
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Monetary policy requires further tightening: RBA
by Staff Reporter • 12 Feb 2008
Inflation risks remain uncomfortably high and monetary policy is likely to need further tightening, the RBA warned... READ MORE
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Home refinance activity increases during December
by Staff Reporter • 12 Feb 2008
The value of housing loans refinanced during December 2007 rose a seasonally adjusted 6.6 per cent ($260 million)... READ MORE
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Swan approves measures to tackle switching fees
by Staff Reporter • 11 Feb 2008
Federal Treasurer Wayne Swan approved four measures to tackle barriers to switching banks at Friday’s meeting... READ MORE
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Thousands of fixed-rate mortgages set to expire
by Staff Reporter • 11 Feb 2008
Tens of thousands of borrowers will soon be looking to refinance their home loans as their fixed-rate mortgages expire... READ MORE
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Fear for viability of low and no doc loans
by Staff Reporter • 11 Feb 2008
Brokers may avoid selling low and no doc loans under proposed national industry legislation, broker groups have... READ MORE
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QLD residential property supply hit by property group collapse
by Staff Reporter • 11 Feb 2008
In a blow to the Queensland residential property sector over 200 residential building projects have been left in the... READ MORE
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NAB lifts variable home loan rate
by Staff Reporter • 9 Feb 2008
NAB is the latest major bank to announce rate increases that exceed the RBA’s 25 basis points hike. READ MORE
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Deposit accounts attractive source of funding
by Staff Reporter • 9 Feb 2008
Banks could move to offer better interest rates on deposit accounts to avoid sourcing funds from volatile credit... READ MORE
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NAB acquires RHG mortgages
by Staff Reporter • 8 Feb 2008
National Australia Bank (NAB) announced today that it has acquired approximately $1 billion of mortgages originated by... READ MORE
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AMP lifts rates by 0.33 per cent
by Staff Reporter • 8 Feb 2008
AMP Bank has surpassed CBA by dropping the biggest rate increase on borrowers since the February RBA rate rise,... READ MORE
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Interest rate cuts may not benefit UK borrowers
by Staff Reporter • 8 Feb 2008
The Bank of England’s Monetary Policy Committee reduced interest rates yesterday by 0.25 percentage points to... READ MORE
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Nationwide office vacancies lowest in 20 years
by Staff Reporter • 7 Feb 2008
Office markets around the country have recorded their best performance in 20 years according to the Property... READ MORE
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GMAC reports US$724 million fourth quarter loss
by Staff Reporter • 7 Feb 2008
US-based GMAC Financial Services this week reported a US$724 million ($811 million) net loss for the fourth quarter,... READ MORE