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Economy

US recession ‘likely’ in a few years: Pimco
12 July 2017
mortgagebusiness

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

HashChing partners with e-conveyancer to remove settlement ‘pain’
11 July 2017
mortgagebusiness

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

Medium-density housing on the rise
10 July 2017
mortgagebusiness

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

MSA National hits digital transformation milestone
10 July 2017
mortgagebusiness

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.

Artificial intelligence could help customers reach home ownership goal
10 July 2017
mortgagebusiness

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

LMI player ‘at the frontline’ of rising delinquencies
10 July 2017
mortgagebusiness

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

Australian housing market at ‘turning point’: HSBC
10 July 2017
mortgagebusiness

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.

Bank busted for ownership non-disclosure
7 July 2017
mortgagebusiness

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

Auswide increases rates for investment loans
7 July 2017
mortgagebusiness

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.

2016 Census state-by-state breakdown of mortgages
7 July 2017
mortgagebusiness

There has been a rise in the number of mortgagors paying less than 30 per cent of total income towards median monthly mortgage repayments, and a decrease in those paying more, the 2016 ...