Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Banks must justify fixed rate increases: REIA

by Staff Reporter • 22 Apr 2009

The rationale behind the major banks’ moves to increase fixed rate home loans needs greater clarification...READ MORE

Development activity good news for supply

by Staff Reporter • 22 Apr 2009

Private developer activity is surging in Sydney, the nation’s largest and most under-supplied property market,... READ MORE

Much still needed for global recovery: IMF

by Staff Reporter • 22 Apr 2009

The international financial sector faces ongoing challenges in its bid to restore stability, the International... READ MORE

Ex-Choice Aggregation Services MD to head Mortgage Choice

by Staff Reporter • 22 Apr 2009

Mortgage Choice has announced the appointment of a new chief executive officer following the resignation of Paul... READ MORE

Originator launches home loan to boost competition

by Staff Reporter • 21 Apr 2009

Allstate Home Loans today announced a new home loan which it hopes will contribute to driving increased competition in... READ MORE

Bank of America warns of worse to come

by Staff Reporter • 21 Apr 2009

The Bank of America (BoA) has delivered a strong first quarter result but warned that credit conditions will get worse... READ MORE

eChoice unveils expansion plans

by Staff Reporter • 21 Apr 2009

Online mortgage business eChoice has revealed plans to aggressively grow its website traffic over the next 24 months... READ MORE

Banks move on fixed rates

by Staff Reporter • 21 Apr 2009

The window of opportunity to secure a low fixed rate home loan could have closed with the major banks now moving to... READ MORE

Man arrested for $3m mortgage fraud

by Staff Reporter • 21 Apr 2009

A Sydney man has been arrested and refused bail for fraud offences of almost $3 million, the NSW Police Force revealed... READ MORE

Retailers do best to beat unemployment

by Staff Reporter • 20 Apr 2009

An improvement in expectations of Australian retailers has provided a boost to the outlook for the domestic... READ MORE

Arrears ease as rates fall

by Staff Reporter • 20 Apr 2009

Arrears on prime Australian mortgages improved slightly in February, recently released figures from Standard &... READ MORE

Government considers loan exit fee ban

by Staff Reporter • 20 Apr 2009

The federal government may move to ban banks’ mortgage exit fees as a result of their failure to pass on the... READ MORE

AOFM selects next round of beneficiaries

by Staff Reporter • 20 Apr 2009

The Australian Office of Financial Management (AOFM) has announced its latest round of RMBS investment... READ MORE

Melbourne hits 100pc clearance rate

by Staff Reporter • 20 Apr 2009

The Melbourne auction clearance rate bounced back from last week’s 36.4 per cent to hit 100 per cent on the... READ MORE

Positive signs for global economic recovery

by Staff Reporter • 17 Apr 2009

An upturn in the global economy may be approaching according to the Bank of England (BOE); a view backed by a string... READ MORE

Brokers face soaring indemnity insurance costs

by Staff Reporter • 17 Apr 2009

Brokers could foot the bill as insurers look to cover themselves from the worsening economic environment by increasing... READ MORE

Stamp duty relief needed to stimulate wider market

by Staff Reporter • 17 Apr 2009

State and local governments have been called upon to reassess stamp duty thresholds in order to stimulate the sluggish... READ MORE

Cash flow finance a growing market

by Staff Reporter • 17 Apr 2009

Cash flow finance is gaining momentum as small and medium businesses seek an alternative solution to increasingly... READ MORE

ABA backs bank rate decision

by Staff Reporter • 17 Apr 2009

The Australian Bankers Association (ABA) has defended the major banks’ decision to hold all or most of the... READ MORE

Date set for industry forum

by Staff Reporter • 16 Apr 2009

Servicing levels are set to come under the microscope before the month is out with a date now set for an industry... READ MORE

Leading index shows economy declining rapidly

by Staff Reporter • 16 Apr 2009

The Westpac-Melbourne Institute Leading Index of economic growth has fallen to a level lower than that recorded in the... READ MORE

Australian home buyers confident low rates will stay

by Staff Reporter • 16 Apr 2009

Home loan data released today indicates that Australians believe rates have further to fall or at least some time to... READ MORE

FHBs seek advice from family, friends over brokers

by Staff Reporter • 16 Apr 2009

Mortgage brokers may have some work to do in terms of attracting first home buyers with a new survey revealing they... READ MORE

Strong rental rises drive positive gearing opportunities

by Staff Reporter • 16 Apr 2009

Asking rents on Australian residential properties increased dramatically in the year to March and rental yields are... READ MORE