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Large deposit requirements keep first home buyers out: UK

by Staff Reporter • 15 May 2009
The number of mortgages approved for house purchases jumped by 29 per cent in March, the Council of Mortgage Lenders... READ MORE

Balance sheet funds drive non-bank 'renaissance'

by Staff Reporter • 15 May 2009
According to ABS data the non-bank share of the residential mortgage market has fallen to just under 8 per cent as of... READ MORE

Federal budget backs first home buyers

by Staff Reporter • 13 May 2009
The increased grant will be extended until September 30, Wayne Swan announced last night, after which it will be... READ MORE

First home buyer demand to continue despite FHOG increase expiry

by Staff Reporter • 11 May 2009
Should the increased grant end as scheduled on 30 June, the industry is likely to see first home buyer demand spike... READ MORE

Better systems needed to help borrowers in financial hardship

by Staff Reporter • 8 May 2009
The report, Helping home borrowers in financial hardship, released yesterday, found that while some industry... READ MORE

RBA should keep cutting rates: IMF

by Staff Reporter • 7 May 2009
Just one day after the RBA decided to leave the cash rate on hold at 3 per cent a IMF report on the outlook for the... READ MORE

Victorian FHBs win government grant increase

by Staff Reporter • 6 May 2009
Assuming the federal government’s first home owner grant reverts back to $7,000 as of July 1, the Victorian... READ MORE

FHB frenzy on horizon as grant deadline nears

by Staff Reporter • 5 May 2009
New research released by Datamonitor shows that for 78 per cent of prospective first home buyers the increased grant... READ MORE

Don't extend the FHOG for new homes only: REIA

by Staff Reporter • 1 May 2009
Proposals for the grant to be extended for new homes are based on the stimulus such incentives would provide to the... READ MORE

QBE LMI to support stressed borrowers

by Staff Reporter • 27 Apr 2009
Under the new program QBE LMI will work with over 20 lenders to explore all options available to alleviate strain on... READ MORE

Banks bear share of funding burden

by Staff Reporter • 26 Apr 2009
But on closer scrutiny it is clear they have shouldered far more of the cost of funding than many realise. The cash... READ MORE

ING DIRECT to fund fewer mortgage managers

by Staff Reporter • 24 Apr 2009
A spokesperson for the lender confirmed today that it will reduce its mortgage manager partners from 17 to 10,... READ MORE

FHOG boost not over yet

by Staff Reporter • 24 Apr 2009
Speaking yesterday in Perth Mr Rudd said the boost would conclude “within a very fixed and finite time... READ MORE

Borrowing costs rise for SMEs

by Staff Reporter • 24 Apr 2009
East & Partners’ April SME banking report released yesterday showed that 68.8 per cent of SMEs experienced... READ MORE

Man arrested for $3m mortgage fraud

by Staff Reporter • 21 Apr 2009
According to the police the 33 year old man from Cronulla in Sydney’s south has been charged with eight... READ MORE
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