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Breaking News
ABA finalists revealed - June 2016
by Reporter • 17 May 2016
Finalists for the 2016 Australian Broking Awards have been revealed today as the broking industry gears up for the...
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ME announces more rate cuts
by Huntley Mitchell • 17 May 2016
Industry super fund-owned bank ME has made further reductions to three of its home loan rates, while a mortgage funder...
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NAB tightens lending criteria for non-residents
by Huntley Mitchell • 17 May 2016
National Australia Bank has followed the other three major banks in tightening its mortgage lending criteria for...
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Investors not to blame for affordability crisis
by Emma Ryan • 17 May 2016
Property investors have been unfairly caught in the crossfire amid the examination of the current housing...
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Industry veteran to join FBAA on national tour
by Reporter • 17 May 2016
A well-known mortgage lending veteran with more than 15 years’ experience in Australia and the UK is set to feature...
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Mortgage funder announces new rates
by James Mitchell • 16 May 2016
A mortgage funder has today unveiled new rates for its one, two, three and five-year fixed-rate home loans.
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Aggregator acquires broker network
by James Mitchell • 16 May 2016
A boutique aggregator has announced its acquisition of a Western Australia-based broking group.
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Two banks slash rates below 4%
by Huntley Mitchell • 16 May 2016
One non-major bank is now offering a fixed home loan rate below 4 per cent, while the other has reduced its variable...
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FBAA downplays mortgage fraud scandals
by Reporter • 16 May 2016
Mortgage fraud involving foreign investors is limited to a small section of the industry, and is not systemic and...
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One in five families assisting FHBs
by Emma Ryan • 16 May 2016
An increasing number of Australian households are providing financial assistance to help other family members buy their...
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YBR to hold consumer advice event
by Emma Ryan • 16 May 2016
Yellow Brick Road Wealth Management will host its fourth annual ‘Ask My Advice Day’ on Saturday 28 May.
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‘Lock up your loan writers’, warns industry boss
by James Mitchell • 13 May 2016
A leading industry figure has received an overwhelming number of enquiries from loan writers across the country looking...
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Investors return to property market
by Emma Ryan • 13 May 2016
New data from the Australian Bureau of Statistics has revealed the value of investment loans climbed higher in the...
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Pepper Money announces national broker roadshow
by James Mitchell • 13 May 2016
Following the success of last year’s roadshows, Pepper Money has announced the dates of the 2016 Insights Roadshow...
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Landlords have ‘no scope to lift rental rates’
by Reporter • 13 May 2016
The rental market is expected to show persistent weakness, with growth slowing sharply over the past year.
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Victorian man pleads guilty to $600,000 fraud
by Reporter • 12 May 2016
A man from Victoria has pleaded guilty to fraud, with ASIC stating he “persuaded” investors to refinance their...
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Bendigo and Adelaide exits foreign borrower market
by Huntley Mitchell • 12 May 2016
Bendigo and Adelaide Bank has told mortgage managers and brokers to cease lending to non-residents amid growing...
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Firstmac to pass on full rate cut
by Huntley Mitchell • 12 May 2016
Non-bank lender Firstmac has announced it will pass on the Reserve Bank’s 25-basis-point cash-rate cut to its...
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‘Every Chinese buyer makes 4 homes available for locals’
by Huntley Mitchell • 12 May 2016
The massive growth in Chinese buyer interest is “great news” for Australian first-time buyers, according to an...
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Major banks to cash in on rate cut delays
by Reporter • 12 May 2016
The big four banks will pocket an estimated $21 million of extra profit as they delay passing on rate cuts as a result...
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Capitals see downward trend in property sales
by Huntley Mitchell • 12 May 2016
While recent figures showed an annual increase in dwelling values across the combined capital cities, property...
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Brokers warn against churn as rate cut frenzy continues
by Francesca Krakue • 11 May 2016
Mortgage brokers have warned against mortgage churn in the wake of recent home loan rate reductions following the...
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Connective names new GM
by Emma Ryan • 11 May 2016
Mortgage aggregator Connective Group has announced the appointment of a new general manager for sales and...
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ABA winner invests in next generation of brokers
by Reporter • 11 May 2016
Last year’s Australian Broking Awards' (ABA's) Broker of the Year used his $10,000 prize to help fund the future...
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Housing affordability deteriorates
by Emma Ryan • 11 May 2016
New research has revealed housing affordability worsened in all but one capital city over 12 months.
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