Mortgage and Finance Brokers Breaking News - The Adviser

Refinancing drives November housing commitments increase

by Staff Reporter • 17 Jan 2008

The total value of owner-occupied housing commitments rose by a seasonally adjusted 2.0 per cent ($298 million) in... READ MORE

Hertiage Building Society hikes rates

by Staff Reporter • 16 Jan 2008

Heritage, one of the nation’s largest building societies, yesterday announced a rate increase of 0.15 per cent... READ MORE

Investors drive December home loan activity: AFG

by Staff Reporter • 16 Jan 2008

Investors flocked back to property markets in NSW, VIC, WA and QLD in December according to the AFG Mortgage Index,... READ MORE

Labour demand remains strong

by Staff Reporter • 15 Jan 2008

Economic data released yesterday shows signs that the domestic economy continues to flourish. READ MORE

Australian Bankers' Association speaks out for the banks

by Staff Reporter • 15 Jan 2008

The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision... READ MORE

Liberty announces $400 million commercial paper programme

by Staff Reporter • 15 Jan 2008

Liberty Financial has announced the launch of its third commercial paper programme, the $400 million Liberty Sirius... READ MORE

Banks' pricing grip broken

by Staff Reporter • 15 Jan 2008

The non-bank sector’s Christmas wishes were finally answered on Friday as the last of the big banks lifted their... READ MORE

Seiza Mortgages launches SMSF loans

by Staff Reporter • 14 Jan 2008

Following the September 24 changes to the Superannuation Industry (Supervision) Act, Seiza Mortgages has announced the... READ MORE

MyRate.com.au records surge in inquiries as banks hike rates

by Staff Reporter • 14 Jan 2008

Internet-based mortgage lender MyRate.com.au has registered a 300 per cent increase in daily inquiries since the major... READ MORE

Countrywide acquired by Bank of America

by Staff Reporter • 14 Jan 2008

Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth... READ MORE

Treasurer to investigate home loan fees

by Staff Reporter • 14 Jan 2008

Federal Treasurer Wayne Swan has announced an investigation into home loan exit fees in a move to make the mortgage... READ MORE

Bank of England holds on rates

by Staff Reporter • 11 Jan 2008

The Bank of England left the official cash rate unchanged at 5.5 per cent overnight despite mounting concerns for the... READ MORE

Citigroup & Merrill seek billions in capital

by Staff Reporter • 11 Jan 2008

Citigroup and Merrill Lynch, two of Wall Street’s biggest names, are seeking emergency funding from foreign... READ MORE

Big banks decline exposure to US sub-prime market

by Staff Reporter • 11 Jan 2008

The big four banks have denied any direct link to the US sub-prime lending market despite their exposure to ailing US... READ MORE

CBA tips consolidation in 2008

by Staff Reporter • 11 Jan 2008

The credit crisis may trigger increased consolidation among lenders, Commonwealth Bank (CBA) chief executive Ralph... READ MORE

Banks' actions could set market back by 20 years

by Staff Reporter • 11 Jan 2008

Non-bank lender Resi Mortgage Corporation has called the behaviour of the banks into question as interest rates were... READ MORE

November retail sales put pressure on February rate rise

by Staff Reporter • 10 Jan 2008

Retail sales recorded strong growth in November 2007, ABS figures released yesterday revealed. READ MORE

Mobius? loan book risky says S&P

by Staff Reporter • 10 Jan 2008

Standard and Poor’s has revealed Mobius Financial Services’ mortgage book as one of the nation’s... READ MORE

CBA joins NAB, ANZ in hiking rates

by Staff Reporter • 10 Jan 2008

The Commonwealth Bank yesterday announced a rise in its variable home loan interest rate of 0.10 per cent to 8.67 per... READ MORE