Breaking News

mortgage market trends

New broker survey reveals lender preferences
by Charbel Kadib • 15 Jan 2020
Fast turnaround times and consistency in the mortgage application process have continued to serve as key drivers of the... READ MORE

Aggregators join mortgage industry relief fund
by Annie Kane • 15 Jan 2020
The three NAB-owned aggregators, Choice, FAST and PLAN, have pledged a total of $85,000 to the Mortgage and Finance... READ MORE

Pepper Money earmarks $250,000 for bushfire relief
by reporter • 15 Jan 2020
The non-bank lender has committed to invest a quarter of a million dollars in bushfire relief over the next two years,... READ MORE
Spotcap

SME lender announces policy changes
by Hannah Dowling • 15 Jan 2020
Spotcap has announced it has made changes to its term periods for unsecured business loans, now offering loan terms up... READ MORE
Macquarie

Macquarie closes in on competitors in mortgage market
by Charbel Kadib • 14 Jan 2020
The non-major has continued to outperform its nearest competitors in the home loan space, gaining ground on ING,... READ MORE

Bank increases LVR for rate tracker mortgage
by Annie Kane • 14 Jan 2020
Auswide Bank has lifted its maximum loan-to-value ratio on its RBA Rate Tracker Home Loan, bringing it to 90 per cent,... READ MORE
Wisr

Wisr sees 36% increase in loan originations
by Hannah Dowling • 14 Jan 2020
The neo-lender has reported a 36 per cent increase in loan originations in Q2FY20 when compared to the previous... READ MORE
Aussie Loan Market Mortgage Choice

Major brokerages donate $100,000 each to industry appeal
by Annie Kane • 13 Jan 2020
Aussie, Loan Market and Mortgage Choice have each donated $100,000 to the industry’s ongoing bushfire appeal and... READ MORE

Deposit bond provider updates policies
by Hannah Dowling • 13 Jan 2020
Deposit Assure has announced updates to its product offerings in a bid to help brokers save time. READ MORE

MyState CEO to step down
by Annie Kane • 10 Jan 2020
The managing director and chief executive officer of MyState Ltd has tendered his resignation and is set to leave the... READ MORE

La Trobe Financial donates $1m to bushfire efforts
by Hannah Dowling • 10 Jan 2020
The non-bank is the latest lender to announce a donation made in aid of those affected by the ongoing bushfire crisis... READ MORE

Bushfires may escalate chance of rate cut, say economists
by reporter • 10 Jan 2020
The ongoing bushfire crisis and its effect on the economy mean a February rate cut looks increasingly likely, according... READ MORE

Newcastle Permanent confirms it is accepting OO IO loans
by Annie Kane • 10 Jan 2020
The building society has clarified that it is still accepting applications for owner-occupied interest-only loans,... READ MORE

Court orders CML shareholders to vote on COG merger
by Annie Kane • 9 Jan 2020
Shareholders of non-bank lender CML Group – the parent company of Cashflow Finance – are to vote on its proposed... READ MORE
Liberty Financial

Liberty contributes to bushfire relief
by Hannah Dowling • 9 Jan 2020
The non-bank has pledged a total of $350,000 to services providing emergency aid and support for victims of the ongoing... READ MORE

What brokers will be focusing on in 2020
by reporter • 9 Jan 2020
As we launch into the year 2020, we asked four brokers what they would be focusing on in the year ahead. Here’s what... READ MORE

SME lending platform appoints new head of broker
by Annie Kane • 8 Jan 2020
Small-business lending platform Lend has appointed its first head of third party, following the launch of its lending... READ MORE

FBAA calls out to brokers affected by bushfires
by Annie Kane • 8 Jan 2020
The Finance Brokers Association of Australia is calling on brokers affected by the bushfire crisis to contact the... READ MORE

Broker surpasses $1-billion settlement milestone
by Annie Kane • 8 Jan 2020
Loan Market Bayside broker Josh Bartlett has settled more than $1 billion in loans in nine years, the Victoria-based... READ MORE
Bushfire

ALI pledges profit share to bushfire aid
by Hannah Dowling • 8 Jan 2020
The mortgage protection provider has announced it will be donating a share of its January and February profits in... READ MORE

Brokers join forces to launch bushfire appeal
by Annie Kane • 7 Jan 2020
Mortgage brokerages, aggregators and industry bodies have launched a Broker Bushfire Appeal via the Red Cross to... READ MORE

Relief packages extended for bushfire victims
by Annie Kane • 7 Jan 2020
Lenders have begun extending their relief packages for bushfire victims as the fire crisis continues, with major banks... READ MORE
FHB deposit scheme officially launches

FHB deposit scheme officially launches
by Hannah Dowling • 7 Jan 2020
On 1 January, the federal government’s First Home Loan Deposit Scheme officially launched to the public and the... READ MORE

Melbourne brokerage adds property advisory service
by Malavika Santhebennur • 7 Jan 2020
Melbourne brokerage Entourage has added buyer and vendor advocacy to its existing finance and legal services with the... READ MORE

Mortgage advice ‘most important’ for the average Aussie
by James Mitchell • 6 Jan 2020
Morningstar has flagged the importance of mortgage advice for the average Australian, whose biggest asset is their home... READ MORE