Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

Rate rises would make 34% of FHBs less likely to buy
10 April 2017
mortgagebusiness

More than a third of potential first home buyers believe they may need to delay buying a property should interest rates start rising, according to new research.

Stamp duty reform ‘well overdue’
10 April 2017
mortgagebusiness

The current government schemes in place to provide stamp duty relief for FHBs are “poorly designed” and “not suited to current market conditions”, according to the Property Council of ...

Home loan arrears rise in all states
10 April 2017
mortgagebusiness

The nationwide proportion of Australian residential mortgages exceeding 30 days in arrears has risen across all states in Australia year-on-year, according to new data released by Moody’s ...

APRA sets firm eye on bank capital standards
7 April 2017
mortgagebusiness

The prudential regulator has revealed its next move will be a review of lenders’ capital requirements, addressing the concentration in housing lending that has built up in the banking system

New building approvals hit six-month high: HIA
7 April 2017
mortgagebusiness

The Australian Housing Industry Association has welcomed new figures released by the Australian Bureau of Statistics, showing that new home approvals have reached a six-month record.

Half of mortgagors fear financial stress through illness
7 April 2017
mortgagebusiness

Forty-eight per cent of home loan holders in Australia are deeply concerned that being diagnosed with a serious illness could adversely impact their ability to service their home loans.

IO crackdown may have “bigger impact on owner-occupiers”
5 April 2017
mortgagebusiness

APRA's recent tightening on interest-only loans is likely to “have a bigger impact on lending to owner-occupiers than on investors”, according to ratings analysts.

Major bank to improve security with voice biometrics
5 April 2017
mortgagebusiness

A big four bank has announced that it will be the first Australian lender to introduce voice biometrics to improve the security on mobile devices while processing higher value transactions

Non-major increases rates on investment loans
4 April 2017
mortgagebusiness

A Queensland-based bank has announced that reference rates for investment home loans will increase by 13 basis points from tomorrow, and the maximum LVR on new investment loans will decrease

RBA makes cash rate call - April 2017
4 April 2017
mortgagebusiness

The Reserve Bank of Australia has revealed the decision of today’s monthly board meeting.