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Economy

Banks hike home loan rates
22 June 2018
mortgagebusiness

Two lenders have announced rate changes on their home loan offerings, with rises of up to 40 basis points.

Inaugural chair of housing affordability body announced
21 June 2018
mortgagebusiness

The federal government has announced the appointment of the inaugural chair of the National Housing Finance and Investment Corporation.

‘Permanently gone’: Bank mezz loans a thing of the past
21 June 2018
Loan

An alternative funder of residential property developments is confident that Australia’s banks will never again offer mezzanine funding for real estate assets.

‘Blunt’ cash rate lever has become obsolete
21 June 2018
‘Blunt’ cash rate lever has become obsolete

The international banking and financial system is rendering the Reserve Bank’s use of the cash rate mechanism obsolete, according to a mortgage industry analyst.

Aussie home values drop by $22.5bn in March quarter
20 June 2018
Aussie home values drop by $22.5bn in March quarter

Housing market downturns in Sydney and Melbourne are continuing to drive down national home prices, with the latest data from the Australian Bureau of Statistics revealing a $22

Little for housing in NSW budget
20 June 2018
mortgagebusiness

The New South Wales government has set aside $1.18 billion in its 2018–19 budget for housing and community amenities, but there is little for NSW buyers as a whole.

AFCA appoints new chief ombudsman and CEO
19 June 2018
mortgagebusiness

A community sector and charities specialist is to become the new chief ombudsman and CEO of the newly formed dispute resolutions body, the Australian Financial Complaints Authority.

LATEST PODCAST: How the market has changed in the last 25 years, royal commission hearings, broker advocacy
18 June 2018
LATEST PODCAST: How the market has changed in the last 25 years, royal commission hearings, broker advocacy

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Top end of town takes a tumble
18 June 2018
Top end of town takes a tumble

The most expensive segment of the property market has experienced the sharpest fall in dwelling values over the past 12 months, according to the latest CoreLogic research.

Analysis: Has the RBA cash rate become irrelevant?
15 June 2018
RBA, money

Recent reports suggest that the recent rate hike in the US will impact Aussie mortgage rates. Meanwhile, pricing has become the default lever to cool credit demand amid regulatory pressure. ...