Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Low Sydney vacancy rates good for investors

by Staff Reporter • 13 Oct 2009

Sydney’s rental property market is in a stalemate, figures from the Real Estate Institute of NSW (REINSW) have...READ MORE

NAB revises rate and house prices forecast

by Staff Reporter • 13 Oct 2009

Following on from the Reserve Bank of Australia’s decision to raise the official cash rate by 25 basis points to 3.25... READ MORE

FirstMac quick off the mark for RMBS buy back

by Staff Reporter • 13 Oct 2009

The government’s $8 billion injection into the Residential Mortgage Backed Securities (RMBS) has found its first... READ MORE

RBA acted too soon: broker poll

by Staff Reporter • 13 Oct 2009

The majority of brokers believe the Reserve Bank of Australia (RBA) has acted prematurely in its decision to raise... READ MORE

Agencies could scupper self-employed lending

by Staff Reporter • 13 Oct 2009

The federal government hopes its latest $8 billion injection to the residential mortgage backed securities (RMBS)... READ MORE

Acquisitions in Mortgage Choice’s sights

by Staff Reporter • 13 Oct 2009

While Mortgage Choice continues to keep mum on its acquisition targets, chief executive officer Michael Russell is... READ MORE

Sydney and Melbourne auctions results cool

by Staff Reporter • 12 Oct 2009

Sydney and Melbourne’s run of strong auction clearance rates has dropped off as both cities failed to clear 75 per... READ MORE

Big four to raise rates above RBA

by Staff Reporter • 12 Oct 2009

Higher funding costs may force the big four banks to increase their rates beyond the official cash rate.

Jobless fall puts pressure on cash rate

by Staff Reporter • 12 Oct 2009

A shock drop in the number of unemployed Australians may put pressure on the Reserve Bank of Australia (RBA) to raise... READ MORE

Mid-tier lenders receive $8bn RMBS boost

by Staff Reporter • 12 Oct 2009

Competition for mortgage lending has received a major boost with the announcement that the federal government has... READ MORE

UK holds interest rates at 0.5pc

by Staff Reporter • 9 Oct 2009

Australia is still the only country to have raised its official cash rate, after the Bank of England's Monetary Policy... READ MORE

September FHB activity down: AFG

by Staff Reporter • 9 Oct 2009

First home buyer activity has fallen in September, despite it being the last month before the first home owners grant... READ MORE

Arrears slides on RMBS

by Staff Reporter • 9 Oct 2009

Arrears on residential mortgage loans underlying Australian prime residential mortgage backed securities (RMBS) have... READ MORE

Unemployment drops in September

by Staff Reporter • 8 Oct 2009

Australia’s unemployment rate has decreased 0.1 points to 5.7 per cent in September.

ANZ first to move on rates

by Staff Reporter • 8 Oct 2009

Australia and New Zealand Banking Group (ANZ) is the first of the big four to pass the Reserve Bank of Australia’s... READ MORE

Bankwest pulls Rate Tracker Ultra Home Loan

by Staff Reporter • 8 Oct 2009

Bankwest will withdraw one of its most popular mortgage products from the broker channel as well as its bank... READ MORE

Industry needs a wholesale benchmark: Bouris

by Staff Reporter • 8 Oct 2009

Mark Bouris, chairman and co-founder of Yellow Brick Road, is calling on the federal government to track movements in... READ MORE

Home lending remains resilient

by Staff Reporter • 8 Oct 2009

The level of new home lending remained healthy in August 2009, according to recently released Australian Bureau of... READ MORE

Big four in holding pattern on rate hikes

by Staff Reporter • 8 Oct 2009

While the big four banks have held off raising interest rates, federal treasurer Wayne Swan has warned banks against... READ MORE