Economy

This week’s higher-than-expected cash rate rise will introduce a new fear factor for property buyers, an economist has warned.

Economists from three of the big four banks believe the Reserve Bank will duplicate its largest rate rise in 22 years.

The housing corporation has confirmed that five more non-major lenders will be able to offer the Australian government’s deposit scheme.

The Reserve Bank has abandoned its “business as usual” approach to the cash rate this month, deciding to fight inflation with a larger-than-expected rise.

Mortgage repayment concerns helped drive Australians to build up their savings balances to a level 46 per cent higher than two years ago, according to new research from CBA.

Economists believe the Reserve Bank will choose to crank up the cash rate again at its meeting today (7 June), but the size of the increase is up for debate.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

The vast majority of the country is unaware of its financial standing, according to new data by the online lender.

Kiwi banks are set to be freed from limits on how much they can pay shareholders, but they have been told to stay alert around housing risks.

Discover some of the top news stories impacting the mortgages space in this weekly wrap-up.