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RBA may keep rates on hold: Norris

by Staff Reporter • 21 Dec 2009
Speaking to Sky News, Mr Norris said Westpac’s decision to raise rates by 20 basis points above the cash rate may... READ MORE

NSW housing construction lags

by Staff Reporter • 18 Dec 2009
The company’s chief executive Aaron Gadiel said NSW had only experienced a 3.2 per cent growth in housing... READ MORE

260 suspects linked to $150m mortgage fraud scam

by Staff Reporter • 18 Dec 2009
According to a report by the ABC murdered Sydney businessman Michael McGurk has been linked to the mortgage scam in... READ MORE

Interest rates are “normal”: RBA

by Staff Reporter • 17 Dec 2009
Speaking at the 22nd Australasian Finance and Banking Conference yesterday, Mr Battellino said the cash rate, which is... READ MORE

Housing construction improves slightly

by Staff Reporter • 16 Dec 2009
According to figures from the Australian Bureau of Statistics (ABS), detached housing starts in the September quarter... READ MORE

UK mortgage lending hits 2yr high

by Staff Reporter • 15 Dec 2009
New figures from the Council of Mortgage Lenders (CML) showed 55,000 mortgages were taken out for house purchases in... READ MORE

Mortgage market to fall in 2010: MISC report

by Staff Reporter • 14 Dec 2009
The Market Intelligence Strategy Centre (MISC) report found the value of all new home loans written fell by 5.9 per... READ MORE

Competitive pricing returning to mortgage market

by Staff Reporter • 14 Dec 2009
Yellow Brick Road will offer a standard variable rate of 6.34 per cent – 42 basis points lower than Westpac’s... READ MORE

Homebuyers out in force

by Staff Reporter • 14 Dec 2009
Despite three interest rate hikes in as many months, bidders were out in force on what has traditionally been the... READ MORE

NSW borrowers worst for repaying mortgages

by Staff Reporter • 8 Dec 2009
The report, Australian Mortgage Delinquency by Postcode, found Nelson Bay on NSW’s north coast to be the worst... READ MORE

Homebuyers not deterred by lessened grant

by Staff Reporter • 7 Dec 2009
Originally $14,000 for established homes and $21,000 for new properties, the boost was reduced to $10,500 for... READ MORE

National Mortgage Company guarantees approval times

by Staff Reporter • 4 Dec 2009
The company’s head of mortgage origination Jeff Chapman told Mortgage Business that the guarantee was a unique... READ MORE

Mortgage manager cuts low doc pricing

by Staff Reporter • 2 Dec 2009
The mortgage manager is gearing up to reduce the pricing on its low doc loans by at least 0.50 per cent and reduce... READ MORE

Credit unions consolidate to remain competitive

by Staff Reporter • 2 Dec 2009
According to KPMG’s Building Societies and Credit Unions Survey 2009, merger activity in the sector has accelerated... READ MORE

Symond calls for RBA to hold rates

by Staff Reporter • 30 Nov 2009
Executive chairman of Aussie John Symond said that despite economic improvement expected in 2010, credit is still in... READ MORE
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