Economy

A rise in mortgage applications off the back of record-low interest rates has steadied home buying sentiment, following a plunge in recent months, according to new research from the ...

The Prime Minister has defended the federal government’s $688-million housing stimulus amid criticism of the scheme’s eligibility criteria.

The number of new home sales has fallen in each of the three months since the introduction of COVID-19 restrictions, according to HIA research, to be down 20.3 per cent over the quarter.

The non-bank has successfully priced its PRS 26 transaction, issuing a planned $700 million of bonds backed by Australian mortgages.

Property research group CoreLogic has announced the appointment of Shelley Horton as its new general manager of valuation solutions Australasia.

The ratings agency has lauded the federal government’s policy response to the COVID-19 crisis, which it claimed has “improved financial stability” in the banking sector.

CoreLogic has released new research that identifies the regions with the most owner-occupied properties that could take advantage of the HomeBuilder renovation package.

The major bank has announced a new training initiative aimed at improving professional standards across the industry.

The two tech-driven financial services have announced their new partnership, noting their “shared mission” in making money management easier. 

“Operational” lags experienced by lenders have contributed to a sharp decline in home loan volumes across the mortgage market, new ABS data has revealed.