Economy

Home loan demand continues to fall
27 July 2016
mortgagebusiness

New figures by Veda show that overall demand for home loans has declined for the fourth consecutive quarter, with only the ACT and Victoria seeing an increase in mortgage applications over ...

ING Direct introduces lowest ever variable rate
26 July 2016
mortgagebusiness

ING Direct has announced significant reductions for some of its variable and fixed-rate mortgages, following strong lending volumes in recent months.

Auswide ramps up customer focus with new recruit
26 July 2016
mortgagebusiness

Auswide Bank has announced the appointment of its new chief customer officer to coincide with the group’s three-year strategic plan.

Victoria hardest hit with stamp duty
26 July 2016
mortgagebusiness

A new report has revealed just how much foreign investors face in stamp duty costs to enter Australia’s property market, following increases by some state governments.

‘Bad loans are made in good times’, warns asset manager
25 July 2016
mortgagebusiness

Markets have failed to understand the cyclical nature of banks, who are paying out “unsustainable” dividends that are eroding capital and increasing the likelihood of further regulatory ...

Analysis: No LMI. No trail. No rate discounts. No good?
25 July 2016
mortgagebusiness

The FBAA's Peter White recently announced that he will be travelling overseas to gain a deeper understanding of how different mortgage markets operate. We reveal a few things everyone should ...

Major bank satisfaction hits three-year low
25 July 2016
mortgagebusiness

Customer satisfaction with Australia’s big four banks has reached its lowest level since 2013, according to Roy Morgan Research.

Brexit provides real estate opportunities
25 July 2016
mortgagebusiness

Post-Brexit fluctuations in the UK real estate market are likely to be shorter-lived and less severe than many investors expect, and may offer higher-yielding opportunities, according to one ...

Capital city house prices outpace Sydney
22 July 2016
mortgagebusiness

Australia's capital city achieved the strongest house price growth over the June quarter, hitting a record median price along with two other capital cities.

Major mortgage deal puts non-ADIs on par with banks
21 July 2016
mortgagebusiness

A proposed merger between two of of the country's largest non-banks would result in a combined loan book worth more than some Australian banks.