Economy

National brokerage Loan Market has spoken out about the launch of its financial planning service, Wealth Market.

The number of homeowners experiencing mortgage stress has halved since March as borrowers take advantage of record-low rates.

APRA chairman Wayne Byre has stressed the significance of capital ratios as a measure of a bank’s financial health.

An ASX-listed brokerage has hit back at vertical integration critics in its second retaliation in less than a week.

The average interest rate on all outstanding housing loans has fallen by around 15 basis points since the cash rate was reduced in August 2013.

One of Australia’s major lenders has been fined by the corporate watchdog for misleading home loan advertisements.

Yellow Brick Road has outlined its growth strategy following the acquisition of two mortgage businesses earlier in the year.

Aussie Home Loans has announced its latest competitive offering by dropping its Aussie Select Basic Variable Rate to its lowest rate on record.

Former Liberal leader John Hewson has highlighted the inability of banks to lend beyond residential mortgages.

Strong demand for online mortgages is driving investor interest for Firstmac as it completes its second RMBS transaction in three months.