Lender

The ASX-listed non-major bank’s last half year have seen a 3 per cent rise in its loan book.

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

The non-bank hit a new high in mortgage originations last year, coupled with growth in asset and commercial finance.

Aspiring home owners in Australia believe the “Great Australian Dream” is more achievable out west than any other state, amid rising house prices, a survey reveals.

The big four bank has launched financial assistance measures for customers impacted by flooding in South-East Queensland and NSW.

Two big four banks have expressed concerns for home loan customers who have never experienced a rate rise, as the market is anticipating the first hike in 12 years.

Despite announcing “pleasing” growth in reverse mortgage lending and home loans for 1H 2022, Heartland predicts tightening credit regulations will continue to impact lending volumes in 2022

The retail and commercial head at the major bank has criticised “silly pricing” in the home loan market resulting from intense competition.

As Australia’s housing market begins to show clear signs of slowing, amid tightening conditions, Westpac economists are predicting a drop in house prices sooner than expected.

The financial services group has announced a new acquisition and secured a $31 million facility from a major bank to continue its “acquisition-led strategy”.