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Breaking News
Auction results climb higher as spring season starts
by Staff Reporter • 7 Sep 2009
The traditional spring auction season is off to a strong start with Sydney, Adelaide and Melbourne all achieving...
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Credit unions hit back at ‘big four’ dominance claims
by Staff Reporter • 4 Sep 2009
Credit unions and building societies want to clarify the data released by the Australian Prudential Regulation...
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ANZ eyes mortgage market share increase
by Staff Reporter • 4 Sep 2009
ANZ is said to be gearing up for a push in the residential mortgage market.
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OECD predicts early economic recovery
by Staff Reporter • 4 Sep 2009
The Organisation of Economic Cooperation and Development (OECD) has predicted an early recovery for the world economy.
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Pain ahead for leveraged borrowers
by Staff Reporter • 4 Sep 2009
Loan Market Group has claimed that almost 20 per cent of Australians would not be able to afford higher loan repayments...
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Macquarie to break into aggregation
by Staff Reporter • 3 Sep 2009
Speculation is mounting that Macquarie Bank may soon be back in the Australian home loan market.
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Govt guarantees to remain
by Staff Reporter • 3 Sep 2009
The federal government has said it will leave its bank deposit guarantee in place for another three years.
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Delinquency rate falls
by Staff Reporter • 3 Sep 2009
In a sign that the Australian economy is beginning to stabilise, the nation’s delinquency rate has fallen from 10.39...
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Trade-up buyers re-enter mortgage market: AFG
by Staff Reporter • 3 Sep 2009
Property owners looking to up-grade their family homes are returning to the market after six months of relative...
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ASIC shakes up lending obligations
by Staff Reporter • 3 Sep 2009
Banks, advisors and brokers will have to assess whether or not a product is suitable before providing the credit...
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ME Bank to break into RMBS market
by Staff Reporter • 2 Sep 2009
ME Bank is set to become the first lender to re-enter the residential mortgage backed securities market without...
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CBA registers increase in customer satisfaction
by Staff Reporter • 2 Sep 2009
CBA has posted the biggest improvement in customer satisfaction in the past 12 months, increasing 3.3 per cent to 70.9...
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Building approvals soar
by Staff Reporter • 2 Sep 2009
Residential building approvals have risen for the second consecutive month highlighting a strengthening economy and the...
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Australia’s prestige ‘value for money’ suburbs revealed
by Staff Reporter • 2 Sep 2009
Declining prestige property prices are expected to catch the eye of high end investors over the coming months according...
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Mortgage applications rise 28pc
by Staff Reporter • 1 Sep 2009
More Australians are taking out mortgages as low interest rates and government handouts make owning a home more...
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Mortgage Choice diversifies lender panel
by Staff Reporter • 1 Sep 2009
Mortgage Choice has added finance provider LeaseChoice, expanding the scope of its lender panel.
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NAB engages ValEx
by Staff Reporter • 1 Sep 2009
Valuation Exchange (ValEx) will manage the residential property valuations for NAB’s broker division.
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AFG not for sale
by Staff Reporter • 1 Sep 2009
As the dust settles on the NAB move for Challenger Mortgage Management AFG’s managing director Brett McKeon has laid...
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NAB backs mortgage management funding
by Staff Reporter • 31 Aug 2009
The mortgage management sector has been given a significant funding boost with NAB affirming its commitment to...
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Clearance rates soar in Sydney and Melbourne
by Staff Reporter • 31 Aug 2009
Auction clearance rates have again surged above 70 per cent in Sydney and Melbourne, data from Australian Property...
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Rate rises to hit within months
by Staff Reporter • 31 Aug 2009
The days of rock-bottom interest rates may be numbered with the RBA now looking set to raise the cash rate before the...
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No threat to broker commissions: NAB
by Staff Reporter • 31 Aug 2009
National Australia Bank has reinforced its commitment to the broker channel and said it has no intention of turning...
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Opportunities emerge for brokers in self-employed sector
by Staff Reporter • 28 Aug 2009
As the economy again gathers momentum, self-employed borrowers – who traditionally fall outside the banks’ lending...
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Google eyes aggregation
by Staff Reporter • 28 Aug 2009
There is growing speculation that Google may soon enter the aggregation sphere.
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Mortgage fraud rises 1,400pc in California
by Staff Reporter • 28 Aug 2009
In a bid to combat spiraling mortgage fraud California is set to introduce new legislation that will allow prosecutors...
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