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Collins Securities launches new low doc loan
by Staff Reporter • 18 Jan 2010
Collins Securities is preparing to launch a new refinance low doc loan that is said to cater to a market that has long...READ MORE
NAB sets sights on financial planning
by Staff Reporter • 18 Jan 2010
NAB could control more than 20 per cent of the financial planning sector if its bid for Axa Asia Pacific... READ MORE
CBA to post 44pc profit increase
by Staff Reporter • 18 Jan 2010
CBA has told its shareholders that it expects to post a 44 per cent rise in first-half profit.
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AMP set to sell RMBS
by Staff Reporter • 18 Jan 2010
AMP Bank is gearing up to sell $543.5 million in residential mortgage backed securities (RMBS).
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Home loans grow 8pc
by Staff Reporter • 15 Jan 2010
The average home loan in Australia increased by 8 per cent during 2009, data from Loan Market Group has found.
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Median house price to top $1m in 10 yrs
by Staff Reporter • 15 Jan 2010
Sydney’s median house price will top $1 million before the decade is out, new data from Residex has found.
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Banks to hold rates till Feb
by Staff Reporter • 15 Jan 2010
Most brokers believe the 27 basis point spread between the majors’ standard variable rates will remain unchanged... READ MORE
Rate rise likely after surprise fall in unemployment
by Staff Reporter • 15 Jan 2010
A surprise fall in the unemployment rate will undoubtedly put pressure on the Reserve Bank to lift rates for the fourth... READ MORE
Loan defaults to rise: Fitch
by Staff Reporter • 14 Jan 2010
Loan defaults are expected to rise over the coming year as interest rates return to more neutral levels and the... READ MORE
Mortgage fraud on the rise
by Staff Reporter • 14 Jan 2010
Sydney mortgage brokers are being urged to rigorously check the identity of new borrowers, as the number of identity... READ MORE
Bankwest beefs up broker support
by Staff Reporter • 14 Jan 2010
Bankwest has underpinned its commitment to the broker channel with the recent appointment of a new head of broker... READ MORE
Homeloans goes green
by Staff Reporter • 14 Jan 2010
In a bid to become more environmentally friendly, Homeloans Ltd has announced it will plant a tree for every newly... READ MORE
Positive credit reporting set for 2011
by Staff Reporter • 13 Jan 2010
The imminent introduction of positive credit reporting in Australia has been heralded by industry professionals as a... READ MORE
NSW premier extends stamp duty initiative
by Staff Reporter • 13 Jan 2010
Premier Kristine Keneally’s decision to extend the cuts to stamp duty for new homes will drive economic stimulus and... READ MORE
Westpac increases fixed rates
by Staff Reporter • 13 Jan 2010
Westpac has confirmed yesterday that it will lift interest repayments on its fixed rate mortgages by as much as 0.25... READ MORE
FHB’s getting older: ABS
by Staff Reporter • 13 Jan 2010
First-home buyers are getting older, according to data from the Australian Bureau of Statistics (ABS).
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Mortgage market slumps
by Staff Reporter • 13 Jan 2010
The number of people seeking new home mortgages has collapsed as the three consecutive interest rate rises are finally... READ MORE
Chinese buyers eye off Oz
by Staff Reporter • 12 Jan 2010
The Australian property market is gearing up for a boom year dominated by investors.
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Inner West is Sydney’s top performing property market
by Staff Reporter • 12 Jan 2010
Sydney’s inner west is fast becoming the city’s best performing residential property market, with land values... READ MORE
Banks warn of higher funding costs
by Staff Reporter • 12 Jan 2010
New regulatory requirements and intensifying competition may drive up funding costs for the big banks in the year... READ MORE
Job ads surge in December
by Staff Reporter • 12 Jan 2010
Job advertisements have soared in December, adding to signs that the economy is strengthening.
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Arrears climb in October
by Staff Reporter • 12 Jan 2010
Arrears on residential mortgage loans underlying Australian prime residential mortgage-backed securities (RMBS) rose... READ MORE
Mortgage Choice leads the way on Google
by Staff Reporter • 11 Jan 2010
Mortgage Choice has been ranked number one on Google’s organic search listings for the phrase ‘home loan’ for the... READ MORE
Mortgage industry strong in 2010
by Staff Reporter • 11 Jan 2010
The mortgage industry is tipped to perform strongly this year, despite reduced government stimulus and rising interest... READ MORE
US mortgage insurer reduces risk list
by Staff Reporter • 11 Jan 2010
Solid improvements in the US housing market has led the American International Group’s (AIG) mortgage insurance... READ MORE
Rates to rise in Feb: AMP
by Staff Reporter • 11 Jan 2010
Interest rates are likely to rise again when the Reserve Bank meets in February, according to leading economists.
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Broker assists alleged identity theft
by Staff Reporter • 11 Jan 2010
Mick Gatto associate and fight promoter, Tarik Solak, is currently in a stoush with the NSW state government over... READ MORE
ACT, WA best performing economies
by Staff Reporter • 11 Jan 2010
The ACT is one of Australia’s best performing economies, a new ranking by CommSec has found.
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NAB eyes more o/s targets
by Staff Reporter • 11 Jan 2010
National Australia Bank may be in the market for one of the Royal Bank of Scotland’s (RBS) banking branches.
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China hikes rates to tighten lending
by Staff Reporter • 8 Jan 2010
China last night decided to increase the yield on its three-month bills to curb lending credit in 2010.
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