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Economy

Investor home loan figures ‘exaggerated’
23 September 2014
mortgagebusiness

A leading economist believes the “exaggerated” levels of investor home loans being written could be indicative of first home buyer demand.

BCA warns FSI on banking reform
23 September 2014
mortgagebusiness

The Business Council of Australia (BCA) has strongly advised the Financial System Inquiry to reconsider potential changes to banking regulation.

Housing supply shortage set to continue
19 September 2014
mortgagebusiness

An expert panel at an economic summit in Sydney this week see Australia’s housing supply shortage continuing, further fuelling property prices.

Loan Market details new planning venture
19 September 2014
mortgagebusiness

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

Mortgage stress drops with low rates
19 September 2014
mortgagebusiness

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

Bank risk weightings ‘in the balance’, says APRA
19 September 2014
mortgagebusiness

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

Major brokerage rejects bank ownership criticism
19 September 2014
mortgagebusiness

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

Average mortgage down 15bps since last rate move
18 September 2014
mortgagebusiness

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.

Major bank fined over mortgage ads
18 September 2014
mortgagebusiness

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

YBR outlines next phase strategy
18 September 2014
mortgagebusiness

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