Economy

Investment property loans have grown by 37 per cent in four years while owner occupied loans grew by 4 per cent in the same period, according to Roy Morgan Research.

Chinese non-residents buying property in Australia are being directed to a local lender through a lead generation deal between the bank and a mainland property website.

Yellow Brick Road yesterday announced that it has received irrevocable acceptances from all 24 shareholders in Vow Financial.

Hong Kong mortgage approvals increased by 23.7 per cent in March to HK$19.3 billion (AU$2.7 billion), according to the Hong Kong Monetary Authority.

The board of the Mortgage & Finance Association of Australia (MFAA) today announced that Phil Naylor has advised that he will finish his role as chief executive officer of the ...

UBank mortgages grew from $2.2 billion to $2.7 billion in the six months to March 31, an increase of 22.8 per cent.

The federal Budget has created compelling evidence for the Reserve Bank to cut interest rates - rather than raise them - by year end, according to a former RBA employee.

Tonight’s federal Budget could incentivise retirees to release equity in their homes, driving new demand for reverse mortgages.

A Mortgage Business poll has found the threat of new entrants to existing lenders has split opinion among readers.

Barclays has announced plans to axe 19,000 jobs over three years, including 7,000 from its investment bank.