Economy

RBA outlook ‘too optimistic’, say economists
31 August 2018
RBA outlook ‘too optimistic’, say economists

The Reserve Bank has “misread” economic conditions, with a drop in the cash rate “highly conceivable” amid out-of-cycle hikes from lenders that could continue “within a few days”, according ...

Arrears spike to continue as rates rise: S&P
31 August 2018
mortgagebusiness

The ratings agency has reported a higher than average quarterly rise in residential mortgage arrears and expects the trend to continue amid higher interest ratings, falling home prices and ...

Non-major scraps transaction fees
31 August 2018
mortgagebusiness

A non-major lender has announced that it will be removing most of its transaction fees to gain a competitive edge in the marketplace.

Mortgages most affordable in NT, but FHBs opt for NSW
31 August 2018
mortgagebusiness

The Northern Territory stands clear as the most affordable state or territory for home loans, according to data from PRDnationwide, but the number of first home buyers is increasing across ...

Context-driven financial literacy key to responsible borrowing
30 August 2018
financial literacy, responsible borrowing, Australian Mortgage Marketplace

Responsible borrowing and spending need to be facilitated through context-driven financial literacy, according to the co-founder of Australian Mortgage Marketplace.

Xinja to use IRESS platform to process mortgages
30 August 2018
mortgagebusiness

The digital lender has extended its contract with IRESS to process Xinja home loans as it prepares to expand into the mortgage market.

Former major bank deputy CEO joins non-major
30 August 2018
mortgagebusiness

A former deputy CEO of a major bank has joined the boards of a non-major banking group.

Vacancy rate in Victoria drops to 16-year low
30 August 2018
mortgagebusiness

Victoria’s vacancy rate has hit its lowest point since the REIV first began collecting vacancy rate data.

Over 60% of Aussies depending on ‘bank of mum and dad’
29 August 2018
mortgagebusiness

Over 60 per cent of Australian parents are supporting their adult children financially, according to a new study.

Understanding the Value of Your Business & the Current Market
28 August 2018
Understanding the Value of Your Business & the Current Market

Promoted by Mortgage House Every successful business involves expansion, dedication to customer satisfaction and a profitable bottom line. There may also come a time for selling, or at least ...