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What Gen Z wants from mortgage brokers
3 January 2019
mortgagebusiness

The kind of service Generation Z expects from brokers could differ from previous generations, in part because they were raised during a period of significant technological change, according ...

Over 900,000 IO loans to expire from this month
2 January 2019
Rising cost

More than 900,000 interest-only (IO) home loans approved in 2014-15 will expire from this month, reverting to principal and interest (P&I) payments, according to an analysis by finder

Delinquencies to rise in 2019: Moody’s
2 January 2019
mortgagebusiness

Mortgage arrears are set to rise in 2019 off the back of softening market conditions, rising interest rates, and high household indebtedness, according to Moody’s.

APRA authorises new foreign bank
2 January 2019
mortgagebusiness

The prudential regulator has announced that it has authorised a new Chinese-based bank to operate in Australia.

Mortgage restrictions loosened in NZ
28 December 2018
mortgagebusiness

New Zealand’s central bank is confident enough in the nation’s financial stability to pull back on lending restrictions from January for both owner-occupiers and investors.

Consumer watchdog warns of holiday season scams
28 December 2018
mortgagebusiness

‘Tis the season of scams and there are three common ones to be especially wary of, warns Australia’s consumer watchdog.

‘More of the same’ in 2019 as ‘rapid’ slowdown continues
27 December 2018
‘More of the same’ in 2019 as ‘rapid’ slowdown continues

The “manufactured” downturn in the credit and housing market is set to continue in 2019 with no signs of easing, according to CoreLogic.

Economist highlights stark flip in market ‘psychology’
27 December 2018
mortgagebusiness

The psychology of the credit and housing market has flipped from perpetual optimism to one of caution, with a sharper slump in sentiment likely to ensue if further regulation is introduced, ...

Borrowers favour location over dream home
24 December 2018
Suburb

Australians are prepared to miss out on their dream home if it means living in an ideal location, according to new research from a non-bank lender.

Non-banks to merge and enter mortgage market
24 December 2018
mortgagebusiness

A new Australian fintech is set to enter the mortgage market in the new year once it completes its acquisition of a UK-based non-bank lender.