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Centro hit by credit crunch
by Staff Reporter • 17 Dec 2007
In its revised earnings announcement released today, the group revealed to shareholders that long-term refinancing... READ MORE
Club Financial Services acquires The Mortgage Bureau
by Staff Reporter • 12 Dec 2007
The acquisition, according to Club, is part of a strategic move to strengthen its distribution channel and ensure... READ MORE
December 07: Banks and mutuals post healthy returns
by Staff Reporter • 7 Dec 2007
Latest figures from KPMG’s Financial Institutions’ Performance Survey 2007 reveal that the profits of building... READ MORE
Brisbane investors opt for serviced apartments over residential rental
by Staff Reporter • 6 Dec 2007
The drop was due to stiff competition from the booming office sector and lower off-the-plan sales.
According... READ MORE
RBA changes rate reporting structure
by Staff Reporter • 5 Dec 2007
Historically the Bank only makes statements in relation to a rate movement.
The decision to release an announcement... READ MORE
Fixed rates popular with first home buyers
by Staff Reporter • 3 Dec 2007
Mortgage Choice national corporate affairs manager Warren O’Rouke described the demand for fixed-rate products... READ MORE
South-west Sydney dubbed worst housing stress area
by Staff Reporter • 29 Nov 2007
According to a Fitch Ratings survey released yesterday, seven of the top ten worst performing postcodes in terms of... READ MORE
Education essential to reverse mortgage sector?s expansion
by Staff Reporter • 27 Nov 2007
A recent ASIC report All we have is this house indicated that while borrowers were generally satisfied with products,... READ MORE
Housing affordability at record lows, set to worsen
by Staff Reporter • 24 Nov 2007
Data released today in the Deposit Power/Real Estate Institute of Australia (REIA) Home Loan Affordability Report... READ MORE
US mortgage applications drop 3.6 per cent
by Staff Reporter • 23 Nov 2007
MBA’s market composite index – which measures weekly loan application volumes – decreased by 3.6... READ MORE
Borrowers unaware of reverse mortgage pitfalls
by Staff Reporter • 22 Nov 2007
“Many of those ASIC spoke to did not know how much the loan was likely to cost them over time, and more than... READ MORE
US homebuilder confidence at 22-year low
by Staff Reporter • 20 Nov 2007
According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index, builder... READ MORE
US legislation overhauls mortgage lending practices
by Staff Reporter • 9 Nov 2007
The Mortgage Reform and Anti-Predatory Lending Act of 2007 will create a licensing system for residential mortgage... READ MORE
Settlement volumes still strong says Deloitte
by Staff Reporter • 5 Nov 2007
The residential mortgage sector has shown good performance in loan settlement volumes, with growth of nine per cent... READ MORE
Hunter credit unions merger shelved
by Staff Reporter • 31 Oct 2007
Companion Credit Union chairman Michael O’Connor said: “While all three credit unions agree there was... READ MORE
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