Economy

Owner-occupiers receive additional rate cut
12 May 2015
mortgagebusiness

Advantedge has announced an additional 15-basis-point discount to its owner-occupied loans, signaling the start of price differentiation in the Australian mortgage market.

Genworth loses new business as LVRs drop
12 May 2015
mortgagebusiness

LMI provider Genworth Mortgage Insurance Australia has attributed a fall in new business to a reduction in high loan-to-value ratio (LVR) lending in the Australian mortgage market.

SMEs bearish about cash flow and sales
12 May 2015
mortgagebusiness

Almost half of small and medium-sized businesses are finding it harder to manage their cash flow and are more concerned about economic conditions.

Sydney a top target for global investors
12 May 2015
mortgagebusiness

More than half of the world’s property investors plan to make more acquisitions in 2015, according to a new survey.

Budget key to restoring consumer confidence
12 May 2015
mortgagebusiness

The federal Budget is an opportunity for the government to support the implementation of the Financial System Inquiry blueprint, according to one industry body.

Apartments boom while house sales remain sluggish
11 May 2015
mortgagebusiness

New home sales have reached their highest level since early 2010, according to a survey of Australia’s largest volume builders.

Latest rate cut ‘may not give economy much of a boost’
11 May 2015
mortgagebusiness

The impact of the federal Budget on Australia’s economy is likely to overshadow the Reserve Bank’s latest rate cut, according to one industry veteran.

NSW home owners struggle as ACT families do it easy
10 May 2015
mortgagebusiness

Housing has continued to become more unaffordable, with households spending a larger share of their income on mortgage repayments.

HIA names top building and population hotspots
8 May 2015
mortgagebusiness

For the second year in a row, an ACT suburb has been named Australia’s top building and population hotspot.

Fixed-rate demand falls as rates drop
7 May 2015
mortgagebusiness

New research by Mortgage Choice reveals that fixed-rate home loan demand has fallen to its lowest level in more than two years.