Economy

The NAB-owned funder has today announced it will increase the interest rate on all new and existing variable rate interest only home loans.

An economic recession in the US in the next three to five years is “more likely than not”, says Pimco.

Mortgage marketplace HashChing has partnered with an e-conveyancing platform, in a move designed to make the entire home-purchasing process “pain-free”.

The latest CoreLogic analysis shows that medium-density housing has been the most popular kind of housing in the last five years.

Mortgage industry services provider MSA National and professional services giant EY have announced the completion of phase one of MSA’s robotics process automation (RPA) program.

An Australian bank will use artificial intelligence to assist customers in budgeting and reaching their home ownership aspirations.

Risks are rising for Australia’s largest mortgage insurer with one banking analyst warning that Australia’s “benign credit environment” won’t last forever.

Australia is now experiencing the bottom of the interest rate cycle and the second half of 2017 will be a “turning point” for the market, economists have predicted.

An ASIC investigation of NAB-aligned dealer groups has discovered failures to disclose relationships between advisers, licensees and product issuers within the group.

Auswide Bank has announced that it will be raising the reference rates for investment home loans and lines of credit by 25 basis points from Tuesday.