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Mortgage stress to blow out in 2009
by Staff Reporter • 17 Dec 2008
Fujitsu Consulting’s latest Mortgage Stress-O-Meter, released yesterday, revealed that mortgage stress levels... READ MORE
Weak economic prospects prompted ?expansionary? rate setting: RBA
by Staff Reporter • 17 Dec 2008
Members of the RBA monetary policy board observed that growth in the international economy had slowed significantly... READ MORE
Mortgage stress drops 37pc nationwide
by Staff Reporter • 15 Dec 2008
Figures released by the Housing Industry Association (HIA) on Friday showed the number of households in mortgage... READ MORE
ABN AMRO cuts reverse mortgage rate
by Staff Reporter • 10 Dec 2008
The reduction will bring ABN AMRO’s rate to 7.65 per cent which it claims will be the lowest rate available... READ MORE
Reduced LVRs could hit borrower demand
by Staff Reporter • 10 Dec 2008
AFG’s November Mortgage Index released on Monday showed average LVRs rose 10.4 per cent in the year to November... READ MORE
First home buyer activity surges
by Staff Reporter • 9 Dec 2008
The aggregator’s Mortgage Index showed that $474 million worth, or 22 per cent, of all new loans written by its... READ MORE
Affordability improves but credit a concern
by Staff Reporter • 1 Dec 2008
The Real Estate Institute of Australia (REIA) Housing Affordability Report released today showed the percentage of... READ MORE
UK Government buys major RBS stake
by Staff Reporter • 1 Dec 2008
The bailout came on Friday as shareholders bought just 0.2 per cent of shares offered in a fundraising attempt,... READ MORE
Mortgage industry inquiry to boost competition
by Staff Reporter • 28 Nov 2008
The Inquiry has recommended that the Government continue to monitor the liquidity of the mortgage markets and try new... READ MORE
Mortgage Ezy launches 3.99pc product
by Staff Reporter • 24 Nov 2008
Mortgage Ezy has announced a 3.99 per cent 12 month fixed rate loan hot on the heels of FirstMac’s launch of a... READ MORE
Mortgage funding outlook improving
by Staff Reporter • 24 Nov 2008
The deal consisted of 4,503 full documentation home loans with a weighted average loan to value ratio of 64.6 per... READ MORE
First home buyer activity highest in seven years
by Staff Reporter • 21 Nov 2008
An analysis of ABS September housing figures by RP Data released yesterday showed that New South Wales first home... READ MORE
Australia will weather crisis: RBA
by Staff Reporter • 20 Nov 2008
Speaking at a dinner last night Mr Stevens conceded that Australia faced difficult times and growth was likely to be... READ MORE
Finally, some relief for GE borrowers
by Staff Reporter • 19 Nov 2008
Following the November RBA 75 basis point rate cut Wizard home loans customers will enjoy a full three quarter per... READ MORE
Eleventh hour call on 75bp cut: RBA
by Staff Reporter • 19 Nov 2008
Governor Glenn Stevens said that market volatility influenced the eleventh hour proposal of a 75 basis point... READ MORE
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