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Arrears continue to climb

by Staff Reporter • 27 Mar 2009
Arrears on prime Australian securitised mortgages inched up in January to 1.84 per cent, according to the latest data...READ MORE

RAMS 100pc mortgage cut from franchise channel

by Staff Reporter • 27 Mar 2009
Less than a week after withdrawing its no deposit home loans from the broker channel RAMS Home Loans has today... READ MORE

US economy continues to contract

by Staff Reporter • 27 Mar 2009
The American economy shrank at its fastest pace in over two decades during the fourth quarter of 2008, the US Commerce... READ MORE

Funding boost for non-banks

by Staff Reporter • 27 Mar 2009
The non-bank sector is poised to benefit from the government’s RMBS initiative once again with the latest round... READ MORE

Lending standards to shield Australian market

by Staff Reporter • 27 Mar 2009
Low interest rates and the increased first home buyer grant are unlikely to lead to a US-type property market... READ MORE

Sentiment survey reveals strong shift to non-bank lenders

by Staff Reporter • 26 Mar 2009
Nearly two thirds of brokers plan to recommend non-bank products over the coming quarter, the latest Mortgage Business... READ MORE

US property market finally on the rise

by Staff Reporter • 26 Mar 2009
New US home sales rose for the first time in February after seven months of decline indicating that the market may... READ MORE

NAB to tackle negative bank perceptions

by Staff Reporter • 26 Mar 2009
NAB chief Cameron Clyne has conceded the big banks are perceived to be profiteering from the credit crisis and has... READ MORE

Repossessed property 'fire-sales' could face ban

by Staff Reporter • 26 Mar 2009
Struggling homeowners facing foreclosure in New South Wales could have their home prices guaranteed under proposed new... READ MORE

Reno, building costs expected to slide

by Staff Reporter • 26 Mar 2009

Renovation and new home building costs are expected to drop in the next six months, Archicentre has revealed.

READ MORE

Bankruptcies hike 261pc in two decades

by Staff Reporter • 26 Mar 2009
Personal insolvencies have increased significantly over the past two decades and have spread from unskilled workers to... READ MORE

Australia's office market strides ahead of international counterparts

by Staff Reporter • 25 Mar 2009
Australia’s commercial office space is performing significantly well compared to most other international markets... READ MORE

Britain cannot afford further stimulus: Bank of England

by Staff Reporter • 25 Mar 2009
The Bank of England has warned the British government it cannot afford any further stimulus measures to prop up the... READ MORE

Citibank puts brakes on origination

by Staff Reporter • 25 Mar 2009
Citibank has tightened its lending policy in a move to reduce its volumes and ensure the bank “continues to... READ MORE

Aussie wins over Wizard franchisees

by Staff Reporter • 25 Mar 2009
Aussie has announced that more than 100 Wizard franchisees have now signed agreements despite a number of groups... READ MORE

Faster turnarounds for high frequency brokers: St George

by Staff Reporter • 25 Mar 2009
A significant increase in mortgage volumes has seen St George segment brokers in order to deliver faster turnaround... READ MORE

Report reveals top suburbs for capital growth in 2008

by Staff Reporter • 25 Mar 2009
Despite a generally flat market some areas have still achieved outstanding growth over the past 12 months a report... READ MORE

RAMS pulls 100 per cent loans from broker channel

by Staff Reporter • 24 Mar 2009
RAMS Home Loans has withdrawn its 100 per cent home loans from the broker channel due to unsustainably high... READ MORE

US government to buy up banks' toxic assets

by Staff Reporter • 24 Mar 2009
The Obama administration overnight announced a raft of incentives for private investors to help rid banks of up to US$1... READ MORE

AMP Bank prices $535 million RMBS

by Staff Reporter • 24 Mar 2009
AMP Bank is the seventh lender to successfully price an RMBS issue through the Australian Office of Financial... READ MORE

Investor business the next boom for brokers

by Staff Reporter • 24 Mar 2009
First home buyers may be at the forefront of most brokers’ marketing activities but an upswing in investor... READ MORE

Sharp rise in March volumes for major aggregator

by Staff Reporter • 24 Mar 2009
AFG is on track for a bumper month and may even top its previous high of $3.1 billion in applications achieved in May... READ MORE

Auctions strong in Sydney and Melbourne

by Staff Reporter • 23 Mar 2009
Buyers continued to return to the market in Sydney and Melbourne over the weekend while smaller markets remained... READ MORE

Increased FHOG could drive first home buyers to bankruptcy

by Staff Reporter • 23 Mar 2009
A Sydney economist has voiced concerns that the increased first home owner grant could be detrimental to the property... READ MORE

Rental hot spots revealed

by Staff Reporter • 23 Mar 2009
Rental values have soared over 2008 according to research released by RP Data on Friday with inner city areas and... READ MORE

Positive economic growth virtually impossible: PM

by Staff Reporter • 23 Mar 2009
The prime minister has conceded that as a result of the global slowdown it will be virtually impossible for Australia... READ MORE

Non-bank launches 4.8 pc discount rate for FHBs

by Staff Reporter • 23 Mar 2009
SAMLoans has launched a new loan product that offers first home buyers a one per cent discount on their standard... READ MORE

ANZ tightens lending criteria for top tier properties

by Staff Reporter • 23 Mar 2009
ANZ has moved to tighten lending standards for higher value properties in a bid to safeguard itself and customers from... READ MORE

UK houses lose more than $50,000 in value

by Staff Reporter • 20 Mar 2009
The annual rate of decline of UK houses increased to 11.5 per cent in January, UK government figures revealed this... READ MORE

Homeloans launches product to 'take on banks'

by Staff Reporter • 20 Mar 2009
Homeloans Ltd has announced the launch of a new product – The Homeloans All in One – which it claims is a true... READ MORE
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