Breaking News
RAMS first non-bank to restructure commissions
by Staff Reporter • 23 Jul 2008
After three months of consultation with key distribution groups RAMS today announced it will restructure its broker...READ MORE
NAB launches low-fee home loan
by Staff Reporter • 22 Jul 2008
National Australia Bank (NAB) yesterday became the first of the big banks to offer an exit fee-free home loan.
READ MOREUK economy flirts with recession
by Staff Reporter • 22 Jul 2008
The UK’s economy will struggle to avoid a recession in 2009, the Ernst & Young ITEM Club said... READ MORE
Money Advisers eyes expansion
by Staff Reporter • 22 Jul 2008
Money Advisers yesterday announced it has chosen Choice Aggregation Services as its new aggregator.
READ MORENSW rental shortage offers strong investment opportunities
by Staff Reporter • 21 Jul 2008
Though a grim prospect for renters, tight vacancy rates in New South Wales spell strong opportunities for investors,... READ MORE
No sign of improvement in global capital markets
by Staff Reporter • 21 Jul 2008
Global capital markets will remain under considerable stress, the chief of America’s largest bank by market... READ MORE
Two speed economy to keep inflation high
by Staff Reporter • 21 Jul 2008
Inflation could remain above three per cent until late 2009 because of solid commodity prices, Access Economics’... READ MORE
Government urged to provide consumer education on mortgage market
by Staff Reporter • 18 Jul 2008
Resi Mortgage Corp has lobbied the Federal Government for the inclusion of a dedicated consumer education program as... READ MORE
Adelaide, Challenger increase delivery rates
by Staff Reporter • 18 Jul 2008
Hopes of a short term recovery in the capital markets continue to fade amid another round of wholesale funding... READ MORE
Strong short term outlook for commercial property
by Staff Reporter • 18 Jul 2008
Bullish forecasters predict a strong rebound for commercial property this
year with markets tipped to strengthen... READ MORE
US loan applications grow steadily
by Staff Reporter • 17 Jul 2008
Home loan applications rose in the United States for the third week in a row, the Mortgage Bankers Association said... READ MORE
Diversified brokers unfazed by property slump
by Staff Reporter • 17 Jul 2008
Brokers remain confident that diversification strategies will mitigate the impact of a potential residential property... READ MORE
Glimmer of hope for cash rate reduction
by Staff Reporter • 17 Jul 2008
RBA governor Glenn Stevens offered some hope yesterday that interest rates may have reached their peak and the next... READ MORE
Residential capital city sales activity down 25pc
by Staff Reporter • 17 Jul 2008
Sales activity in the nation’s capital city markets fell by almost one quarter in the first three months of the... READ MORE
ING reveals new broker commissions
by Staff Reporter • 17 Jul 2008
ING DIRECT today announced “simple and straightforward” changes to its broker commission structure.... READ MORE
Building activity remains weak
by Staff Reporter • 16 Jul 2008
The dollar value of national building activity declined by one per cent in the March quarter compared to the December... READ MORE
Monetary policy effective: RBA
by Staff Reporter • 16 Jul 2008
Tight financial conditions and higher fuel costs are working to quell demand, minutes from the RBA’s July... READ MORE
PMI downgrade impacts $600 million RMBS
by Staff Reporter • 16 Jul 2008
Moody’s Investors Service yesterday downgraded $600 million of Australian RMBS following a downgrade to PMI... READ MORE
Over Fifty Group withdraws reverse mortgage product
by Staff Reporter • 16 Jul 2008
The Over Fifty Group has announced its decision to withdraw from the reverse mortgage market.
READ MOREWestpac concludes big banks? latest round of rate hikes
by Staff Reporter • 16 Jul 2008
Westpac today announced an increase of 0.14 per cent to its standard variable rate, which makes it the final big bank... READ MORE
NAB, Suncorp move on rates
by Staff Reporter • 15 Jul 2008
NAB and Suncorp yesterday announced an increase to their standard variable lending rates.
READ MOREFed reveals responsible lending rules
by Staff Reporter • 15 Jul 2008
The Federal Reserve yesterday approved new rules to govern the home loan market and enforce responsible lending... READ MORE
Brokers braced for one-in-a-hundred year property slump
by Staff Reporter • 15 Jul 2008
Property analysts have warned that the Australian residential market faces a meltdown – a grim prospect for... READ MORE
Macquarie prices $700 million RMBS
by Staff Reporter • 15 Jul 2008
Macquarie Securitisation Limited announced yesterday that it had priced a $700 million PUMA Masterfund S-7... READ MORE
US Treasury to bail out Freddie and Fannie
by Staff Reporter • 15 Jul 2008
In a move to prevent a complete demise of the US home loan market, the US Government has announced a plan to bail out... READ MORE
Personal finance commitments drop in May
by Staff Reporter • 14 Jul 2008
The value of national personal financing fell by 7.8 per cent to $12.581 billion from April to May, ABS data revealed... READ MORE
Retail banking and mortgage jobs slide again
by Staff Reporter • 14 Jul 2008
The number of jobs advertised on the internet in the retail banking and mortgage sector fell by a considerable 13.7... READ MORE
ANZ raises rates
by Staff Reporter • 14 Jul 2008
ANZ announced on Friday it would increase the rate on its variable home loans, shortly after the Commonwealth Bank... READ MORE
US bank collapses
by Staff Reporter • 14 Jul 2008
US lender IndyMac Bank was forced to close over the weekend, which has recast fears that the worst of the credit... READ MORE
CBA hikes rates
by Staff Reporter • 11 Jul 2008
The Commonwealth Bank (CBA) today became the first of the big four banks to lift rates despite the RBA’s... READ MORE

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