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Breaking News
Turnaround times to suffer in single EDR scheme
by James Mitchell • 2 Nov 2016
The Credit and Investments Ombudsman has slammed the big four banks and the Financial Ombudsman Service for calling for...
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Lender cuts rates by up to 45 basis points - Nov 2016
by James Mitchell • 2 Nov 2016
A non-major lender has announced fresh changes to its fixed-rate home loans.
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Investors drive rise in housing credit
by Reporter • 2 Nov 2016
New research has revealed that investor housing credit has been accelerating over the past six months and in September...
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Liberty appoints independent director
by James Mitchell • 2 Nov 2016
Non-bank lender Liberty has appointed senior executive and experienced director, Leona Murphy, to the board to support...
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RBA makes cash rate call - Nov 2016
by Francesca Krakue • 1 Nov 2016
The Reserve Bank of Australia has delivered the decision of its monthly board meeting.
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Former Aussie manager to run YBR mortgage business
by James Mitchell • 1 Nov 2016
Yellow Brick Road has today announced the appointment of a new general manager of lending for its branded branch...
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Australia’s number one broker revealed
by Reporter • 1 Nov 2016
The most successful mortgage broker in Australia has been revealed in The Adviser’s Elite Business Writers ranking...
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RBA likely to keep rates on hold today
by Reporter • 1 Nov 2016
A mortgage comparison site has tipped the Reserve Bank of Australia to leave the official cost of borrowing unchanged...
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Rising risk of mortgage defaults
by Tamikah Bretzke • 1 Nov 2016
The proportion of Australian residential mortgages that are more than 30 days in arrears has risen to “the highest...
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Median Sydney house prices now over $1.05m
by Reporter • 1 Nov 2016
The median asking price for homes in Sydney have surpassed the $1.05 million mark for the first time, new research has...
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Three more banks join online mortgage platform
by James Mitchell • 31 Oct 2016
A disruptive home loan platform that competes with brokers has signed up three new banks and will soon launch a new...
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New breed of lender could provide a lifeline for broker clients
by James Mitchell • 31 Oct 2016
A reduced appetite from the big banks to fund developers is creating a new breed of lender happy to work with brokers...
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Cup Day rate decision a ‘close call’
by James Mitchell • 31 Oct 2016
One leading economist says the Reserve Bank will likely hold rates steady at its monthly board meeting on Tuesday.
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Broking’s rising stars share their proudest achievements
by Francesca Krakue • 31 Oct 2016
Some of the industry’s most successful young brokers have discussed their biggest accomplishments and what they enjoy...
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New home sales increase for second consecutive month
by Reporter • 31 Oct 2016
The number of total seasonally-adjusted new home sales increased by 3.8 per cent to 7,749 in September 2016, the second...
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Brokers write $5bn more for major bank
by Reporter • 28 Oct 2016
Big four bank NAB saw its broker loan book reach $88.2 billion in the year to September 2016, increasing by almost $5...
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Lender sees surge in broker business ahead of merger
by James Mitchell • 28 Oct 2016
A leading mortgage lender has recorded a 21 per cent increase in branded mortgage settlements through the third-party...
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New mortgage players to change pricing dynamics: Veda
by James Mitchell • 28 Oct 2016
The mortgage market could soon welcome new lenders offering an alternative to the major banks by using credit scores to...
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Ambitious broker shares top business tips
by Francesca Krakue • 28 Oct 2016
A mortgage professional who has recently struck out on her own has offered some advice on how to successfully build a...
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Consumer confidence drops to lowest level since May
by Francesca Krakue • 28 Oct 2016
New research has shown that consumer confidence fell sharply in the week ending 23 October, driven by a deterioration...
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Brokers expect more postcode crackdowns
by James Mitchell • 27 Oct 2016
Mortgage brokers are in no way shocked by tighter credit controls on certain suburbs announced by one major bank this...
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Young brokers share top tips on succeeding in industry
by Francesca Krakue • 27 Oct 2016
The third-party channel’s most successful young brokers who made the 30 Under Thirty ranking for 2016 have...
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APRA calls for more borrower details
by Reporter • 27 Oct 2016
Brokers could soon need to provide banks with more details on borrower’s incomes, expenses, requirements and...
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Aggregator surpasses 1,000 broker milestone
by Reporter • 27 Oct 2016
A retail finance brokerage and mortgage aggregator has announced that it has recruited its 1,000th broker, less than...
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Brokers look to property investment advice
by Reporter • 27 Oct 2016
A property investment industry association has said mortgage brokers are increasingly undertaking property investment...
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