Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

UK push to ban 100 per cent mortgages

by Staff Reporter • 23 Feb 2009

The days of 100 per cent mortgages could be numbered with British prime minister Gordon Brown seeking to have the...READ MORE

Buoyant auction results in Sydney and Melbourne

by Staff Reporter • 23 Feb 2009

Home buyers keen to take advantage of falling interest rates took to the market on the weekend producing solid auction... READ MORE

CBA tightens FHB deposit rules

by Staff Reporter • 23 Feb 2009

First home buyers will need to contribute at least 3 per cent of the purchase price in their own money – on top... READ MORE

Buyers turn to CBD properties

by Staff Reporter • 20 Feb 2009

Economic uncertainty is pushing buyers towards properties in close proximity to CBDs where values remain safe because... READ MORE

Small businesses struggle, expect worse

by Staff Reporter • 20 Feb 2009

A NAB survey released yesterday confirmed small businesses are doing it tough and expect 2009 to only get... READ MORE

Tough outlook for building societies

by Staff Reporter • 20 Feb 2009

A new report on building societies has labelled the sector’s outlook negative.

GE sparks loan book run-off

by Staff Reporter • 20 Feb 2009

After failing to pass on the bulk of the RBA’s recent rate cuts to borrowers GE Money will offer a fee waiver... READ MORE

New AFM commission structure revealed

by Staff Reporter • 20 Feb 2009

Australian First Mortgage (AFM) yesterday announced a new initiative to offer brokers a choice on how their... READ MORE

Full rate cut pass-on may not benefit brokers

by Staff Reporter • 19 Feb 2009

Warnings that the major banks may not pass on future rate cuts in full have been met with criticism from all quarters... READ MORE

Consumers spending, but not enough

by Staff Reporter • 19 Feb 2009

Consumer retail spending continued to grow in the December quarter albeit at a lower rate than expected.

Leading Index points to recession

by Staff Reporter • 19 Feb 2009

The latest Westpac-Melbourne Institute Leading Index of economic activity has recorded a further disintegration and... READ MORE

A license to print money

by Staff Reporter • 19 Feb 2009

The Bank of England (BoE) is set to start “printing money” as it struggles to get a grip on the... READ MORE

Fixed interest products to make return

by Staff Reporter • 19 Feb 2009

With the cash rate nearing the bottom of its cycle brokers can expect an upswing in fixed rate product... READ MORE

Westpac earnings slip

by Staff Reporter • 18 Feb 2009

Westpac’s profit dipped in the December quarter as a result of challenging market conditions, the bank revealed... READ MORE

Property market to turn corner

by Staff Reporter • 18 Feb 2009

Australian capital city property markets are now either at or near the bottom of their correction phase and brokers... READ MORE

Wage expectations modest

by Staff Reporter • 18 Feb 2009

Australians expect the weaker economy to limit wage growth over the coming year, Melbourne Institute research revealed... READ MORE

More major rate cuts unlikely: RBA

by Staff Reporter • 18 Feb 2009

The government’s $42 billion stimulus package and the Reserve Bank’s substantial easing of monetary policy... READ MORE

Liquidity boost for mortgage lenders

by Staff Reporter • 18 Feb 2009

Additional funds are set to be pumped into the mortgage market with the news that the next phase of Australian Office... READ MORE