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Loans for residential construction up
by Staff Reporter • 9 Jul 2009
A lift in home lending in May points to a “green shoot” in home building, according to the Housing Industry...READ MORE
Brighter economic conditions ahead
by Staff Reporter • 9 Jul 2009
The International Monetary Fund (IMF) last night raised its forecast for global economic growth next year by 0.6 of a... READ MORE
Westpac confirms new broker minimum volume quota
by Staff Reporter • 9 Jul 2009
Brokers who want to retain their Westpac accreditation will now be required to meet a minimum loan volume quota.
READ MORE
FHB activity slumps, investor confidence hikes
by Staff Reporter • 8 Jul 2009
The number of mortgages being sold to first home buyers has fallen by 30.6 per cent in three months, the latest AFG... READ MORE
Banks slow to help defaulters
by Staff Reporter • 8 Jul 2009
US mortgage lenders are unlikely to rework home loans held by borrowers facing foreclosure because it could cost them... READ MORE
Employment levels expected to fall: D&B
by Staff Reporter • 8 Jul 2009
More than 31 per cent of firms are expecting to cut back on staffing levels in the September quarter, the Dun &... READ MORE
Fewer homeowners under mortgage stress
by Staff Reporter • 8 Jul 2009
The number of households suffering mortgage stress has fallen from a peak of 900,000 in August 2008 to 546,000 in May,... READ MORE
Economists petition for ‘basic bank’ to battle big bank dominance
by Staff Reporter • 8 Jul 2009
A coalition of influential economists and thought leaders has petitioned the Prime Minister to set up an enquiry into... READ MORE
Investors drive commercial sales but volumes down
by Staff Reporter • 8 Jul 2009
Private investors and syndicators accounted for two-thirds of all sales in the first half of 2009, market analysis from... READ MORE
Poll shows FHOG inflating prices
by Staff Reporter • 8 Jul 2009
An online poll conducted by Loan Market Group has found two-thirds of Australians believe the federal government’s... READ MORE
Mortgage broker defrauds clients of $5m
by Staff Reporter • 8 Jul 2009
A mortgage broker, who allegedly defrauded up to $5 million from his clients, has had his day in court.
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RBA holds firm on rate
by Staff Reporter • 7 Jul 2009
The RBA has left the official cash rate unchanged at 3 per cent for the third month running, dashing hopes of further... READ MORE
CBA 100pc online lodgement to speed up approvals
by Staff Reporter • 7 Jul 2009
CBA hopes its switch to 100 per cent online lodgement in July will help tackle sluggish turnaround times and clear its... READ MORE
NZ house prices on the rise
by Staff Reporter • 7 Jul 2009
New Zealand house prices rose for the first time in six quarters yesterday, a sign that the property market is... READ MORE
Australia’s property sector experiences growth
by Staff Reporter • 7 Jul 2009
Many of Australia’s capital cities have experienced growth in both unit and house values throughout the last quarter,... READ MORE
Job advertisements suffer steep decline
by Staff Reporter • 7 Jul 2009
The total number of jobs advertised in the major metropolitan newspapers and on the internet fell by 6.7 per cent in... READ MORE
Labor seeks changes to Property Act
by Staff Reporter • 7 Jul 2009
The labor party is calling for amendments to the Property Law Act to protect the assets of people who default on... READ MORE
Auction activity slides
by Staff Reporter • 6 Jul 2009
Australia’s auction activity was down in every capital city this weekend, with lower auction clearance rates and... READ MORE
House prices to increase
by Staff Reporter • 6 Jul 2009
House prices should recover thanks to the ongoing shortage of residential dwellings, Lend Lease chief executive Steve... READ MORE
Increased FHOG keeps Australians in jobs
by Staff Reporter • 6 Jul 2009
More than 97,000 first home buyer grants have been issued since the federal government increased the grant last... READ MORE
Industry pushes for government securities guarantee extension
by Staff Reporter • 6 Jul 2009
The federal government has been urged to extend its AAA sovereign rating guarantee to mortgage-backed securities.
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Housing supply well short of demand
by Staff Reporter • 3 Jul 2009
Housing supply fell 16 per cent below demand over the 2009 financial year, a Residential Development Council of... READ MORE
July rates to hold firm
by Staff Reporter • 3 Jul 2009
The RBA’s policy-setting board will meet next Tuesday to determine the interest rate benchmark, however, economists... READ MORE
Vietnam enjoys property boom
by Staff Reporter • 3 Jul 2009
Vietnam’s eastern suburbs of Hanoi are in the midst of a property boom.
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Dwelling approvals slide
by Staff Reporter • 2 Jul 2009
Dwelling approvals dropped 12.5 per cent nationwide in May, according to data released by the Housing Industry... READ MORE
20 per cent of homeowners in search of flatmate
by Staff Reporter • 2 Jul 2009
One in five homeowners would consider having someone rent a spare room to help pay the mortgage, a new poll by... READ MORE
RP Data launches fraud fighter
by Staff Reporter • 2 Jul 2009
RP Data has launched a specialist mortgage fraud protection and loss mitigation platform called RP Data FraudMark.The... READ MORE
Capital city property hot spots revealed
by Staff Reporter • 2 Jul 2009
Prospective buyers looking to invest in a well performing capital city should look no further than Melbourne.
READ MORE
New home sales down - Jul 2009
by Staff Reporter • 1 Jul 2009
New home sales dropped 5.7 per cent in May, according to data from a Housing Industry Association (HIA) survey.
READ MORE
UK homes hit by credit squeeze
by Staff Reporter • 1 Jul 2009
UK home loan approvals have been hit by the global credit crisis, achieving the smallest increase in net mortgage... READ MORE
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