Economy

Mortgage delinquencies on the rise: Moody’s
15 March 2017
mortgagebusiness

Moody's Investors Service says that the performance of Australian prime residential mortgage-backed securities (RMBS) deteriorated in Q4 2016.

Industry body welcomes residential zone changes
15 March 2017
mortgagebusiness

The Victorian government’s plan to change some requirements of residential zones will improve suburbs’ housing outcomes, according to the Housing Industry Association (HIA).

Home loan settlements surge 54% for challenger bank
13 March 2017
mortgagebusiness

A non-major bank has seen significant growth in mortgage settlements over the last six months of 2016, offsetting a fall in net interest margin.

Mortgage demand unwavering
13 March 2017
mortgagebusiness

Fresh research has shown that the demand for home loans continues to be strong, with the number of dwelling commitments approved rising by 0.5 per cent throughout January.

Business 101 — you're only as good as your last performance
13 March 2017
Business 101 — you're only as good as your last performance

Ever since we were young, we’ve been given advice.

Genworth loses another major contract
10 March 2017
mortgagebusiness

LMI provider Genworth has informed shareholders that it has lost an exclusive agreement with its second biggest customer.

‘Historic boom will mean a historic reversal’, says BIS
10 March 2017
mortgagebusiness

Australia is in “unchartered waters” when it comes to its current property boom, which will see a less orderly decline than ever before due to its sheer “eyewatering size”, according to a ...

Rental listings climb higher
10 March 2017
mortgagebusiness

Fresh figures from CoreLogic show that the number of rental advertisements over the past year grew by around 9 per cent for both houses and units.

Banks tipped to ‘benefit massively’ from open data
9 March 2017
mortgagebusiness

The standing committee on economics has echoed the sentiments of fintech executives who emphasise that open data would be a positive step for the banking industry and critical for fostering ...

FHB numbers increase in December quarter
9 March 2017
mortgagebusiness

Fresh research has revealed that the December quarter saw an increase of almost 7 per cent in the number of first home buyers nationally.