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Vendors to foot inspection bill
by Staff Reporter • 25 Jan 2010
Vendors, rather than homebuyers, will soon be forced to pay for building and pest inspections.
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AMP upsizes RMBS issue
by Staff Reporter • 25 Jan 2010
AMP has almost doubled its residential mortgage backed securities (RMBS) issue to $1 billion.
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SCMC ramps up competition with new website
by Staff Reporter • 25 Jan 2010
In a bid to increase competition in the mortgage market, State Custodians Mortgage Company (SCMC) has launched a new... READ MORE
FirstMac launches new capped home loan
by Staff Reporter • 25 Jan 2010
Rising interest rates are expected to encourage more Australians to choose fixed mortgage products over variable rates,... READ MORE
Housing affordability outstrips income
by Staff Reporter • 22 Jan 2010
Australian house prices are not as expensive as what is currently perceived, new data from Rismark has found.
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Brokers split on value of industry body membership
by Staff Reporter • 22 Jan 2010
It would appear the mortgage industry’s leading professional bodies have their work cut out as more than half of all... READ MORE
USA drops interest rates
by Staff Reporter • 22 Jan 2010
As the Australian majors continue to increase interest rates on fixed term home loans, their American counterparts are... READ MORE
Rental yields take a dive
by Staff Reporter • 22 Jan 2010
Rental yields have declined in some parts of Australia as a result of strong first home buyer activity.
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Vacancy rates climb in 2010
by Staff Reporter • 22 Jan 2010
The number of vacant residential properties in Melbourne, Sydney and Brisbane has risen close to long term averages,... READ MORE
HIA questions construction recovery
by Staff Reporter • 22 Jan 2010
Despite a recent improvement in residential construction, the Housing Industry Association’s (HIA) chief economist... READ MORE
Westpac defends two-tier LVRs
by Staff Reporter • 21 Jan 2010
Westpac’s reduction of its maximum LVR for new customers is consistent with its strategic focus on building stronger... READ MORE
Home buyers obsessed with inspections
by Staff Reporter • 21 Jan 2010
Open-home inspections have become somewhat of an obsession for house hunters who attend on average 52 homes over a... READ MORE
China to cut lending
by Staff Reporter • 21 Jan 2010
Chinese banks are being advised by banking authorities to tighten their lending activities and in some cases stop... READ MORE
Consumer confidence surges; rate rise likely
by Staff Reporter • 21 Jan 2010
Consumer confidence continues to remain strong, despite three consecutive rate hikes late last year.
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ACCC reviews Axa takeover
by Staff Reporter • 21 Jan 2010
The Australian Competition and Consumer Commission (ACCC) has started its review of NAB's plan to acquire the... READ MORE
Connective boosts professional development program
by Staff Reporter • 21 Jan 2010
Connective has announced it will ramp up its professional development program from 160 sessions last year to more than... READ MORE
US survey reveals latest mortgage surge
by Staff Reporter • 20 Jan 2010
Home loan borrower and refinance applications have surged in the US, according to a recent survey.
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RAMS withdrawal no impact: brokers
by Staff Reporter • 20 Jan 2010
RAMS' decision to leave the broker channel at the end of next month has left brokers shocked but ultimately... READ MORE
SMEs struggle to pay debt
by Staff Reporter • 20 Jan 2010
Delinquent payments by small business owners are increasing in frequency, new data from Dun & Bradstreet has... READ MORE
ANZ helps women save
by Staff Reporter • 20 Jan 2010
Women are poor savers, according to a recent ANZ survey.
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RAMS to exit broker channel
by Staff Reporter • 19 Jan 2010
RAMS Home Loans today confirmed that it will exit the broker channel effective 26 February 2010.
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Govt to expand o/s financial services presence
by Staff Reporter • 19 Jan 2010
A new report on foreign banking and investment has made recommendations about how Australia can boost competition in... READ MORE
St George launches new customer platform
by Staff Reporter • 19 Jan 2010
St George is hoping to increase its presence in the mortgage lending sector by introducing an Apple iPhone home loan... READ MORE
NZ property prices soar
by Staff Reporter • 19 Jan 2010
The median house price for properties in New Zealand has risen a record $5,000 to $NZ360,000 ($288,000).
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Rates help keep housing finance robust: Westpac
by Staff Reporter • 19 Jan 2010
The Reserve Bank is expected to lift rates during the first part of the year and then keep them on hold at 4.5 per... READ MORE
Inflation increase gives weight to Feb rate hike
by Staff Reporter • 19 Jan 2010
Inflation has risen for the second consecutive month, adding to concern that more interest rate hikes are on the... READ MORE
NAB-owned UK banks offer free home insurance
by Staff Reporter • 19 Jan 2010
Two of NAB’s UK-based banking institutions, Yorkshire Bank and Clydesdale bank, are attempting to ramp up their... READ MORE
New name, same trusted news source
by Staff Reporter • 18 Jan 2010
Mortgage Business has come a long way since its launch nearly three years ago.
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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
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