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Economy

FlexiGroup results in line with expectations
19 August 2015
mortgagebusiness

Diversified financial services group FlexiGroup has reported a modest increase in profit and volumes for the last financial year.

Owner-occupier rate hikes ‘on the cards’
18 August 2015
mortgagebusiness

A leading economist has warned that owner-occupier mortgages could face the same price hikes as investor loans, putting pressure on the central bank to cut rates.

Non-banks unlikely to fill investor gap: Westpac
18 August 2015
mortgagebusiness

Westpac chief economist Bill Evans says it is unlikely that Australian non-bank lenders will be able to meet demand for investor mortgages as the banks curb investor credit growth with ...

ISA finds mistrust of major banks remains high
18 August 2015
mortgagebusiness

A large proportion of Australians do not trust large banking institutions, with 71 per cent believing that scandals over poor financial advice points to ineffective governance, says Industry ...

Bank caps LVRs on landlord loans
18 August 2015
mortgagebusiness

An Australian lender has announced new changes to limit investor home loan growth.

UK mortgage arrears continue to fall
18 August 2015
mortgagebusiness

The latest data from the Council of Mortgage Lenders (CML) shows improved conditions in the UK mortgage market.

Mortgage group announces securitisation plans
17 August 2015
mortgagebusiness

An ASX-listed mortgage group has announced its securitisation plans ahead of its full-year results.

Mortgage price hikes tipped to continue
17 August 2015
mortgagebusiness

A leading market analyst says rising house prices will force the banks to continue raising capital and keep passing on higher home loan rates.

Banks boost mortgage teams, recruit Chinese speakers
17 August 2015
mortgagebusiness

Australian banks are looking to bolster their credit assessment teams and are increasingly demanding bilingual candidates.

IPA warns of looming economic crises
17 August 2015
mortgagebusiness

The Institute of Public Accountants (IPA) has released the Australian Small Business White Paper, outlining policy options designed to boost small business efficiency, productivity and ...