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Kogan.com partners with lenders to launch mortgages

Online retailer Kogan.com recently revealed that it has joined forces with two lenders to support its entry into the mortgage market.

Kogan.com, online retailer, mortgage market, Adelaide Bank, Pepper group
Bank rate hikes ‘reasonable’ despite ‘unusual’ market: ANZ

The combination of rising mortgage rates and falling property prices is “unusual” but is “unlikely” to impact the outlook for household consumption, according to one ANZ economist.

rate, increase, hike, ANZ
Westpac hikes home loan rates

Westpac has announced rate increases to all of its variable home loan offerings, making it the first big four bank to adjust pricing amid rising funding costs.

Westpac, home loan rates, rate hike, variable home loan
Lender increases owner-occupier rates by 5 bps

Virgin Money is the latest lender to raise its interest rates for owner-occupier home loans.

mortgagebusiness
NAB loses COO to Visa

NAB has announced the resignation of its chief operating officer and the appointment of a new acting group executive.

mortgagebusiness
High-income earners most anxious about mortgage repayments: NAB

Consumer anxiety had risen “sharply” in Q2 of 2018 due to concerns around the economy and household finances, according to NAB’s Consumer Anxiety Index.

mortgagebusiness
Seasonal change to spark lending ‘uplift’ in ‘buyer’s market’

A non-major bank is expecting a rise in lending volumes as the typically blossoming spring season kicks in.

mortgagebusiness
Fintech enlists help to build blockchain-based P2P lending platform

Lodex has enlisted the help of Lakeba Group to develop its blockchain-based peer-to-peer lending platform BLOCKLOAN.

mortgagebusiness
‘Investor exodus’ is ‘welcome news’ to RBA, says lender

The prudential regulator’s lending curbs had the “desired impact” of triggering a “significant exodus of investors” from the residential property market and would be “welcome news” to the ...

mortgagebusiness
P2P lender confirms new CEO, eyes growth path

Westpac’s former CFO of consumer bank and director of divisional partnerships has been confirmed as SocietyOne’s new CEO, as the marketplace lender looks to growth and a potential float

Mark Jones, SocietyOne’s new CEO
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