Auction clearance rates bounce nationwide
Auction clearance rates spiked in the June quarter, which, according to CoreLogic, is further evidence of a recovery in the housing market.
Ezidox maker acquires e-conveyancing marketplace
The maker of Ezidox has announced the acquisition of e-conveyancing marketplace Titlexchange.
Big four bank updates home lending policy
A major bank has revised its interest rate floor and buffer in response to APRA’s recent regulatory amendments.
‘Meaningful’ housing recovery still a ‘way off’
House price growth is expected to be “muted” for some time, with “high levels of supply” and continued credit tightening to weigh on...
Households carrying heavier debt burden
An increasing number of Australian households are carrying debt at least three times higher than their income, new ABS data has revealed.
AMP modelling shows impact of extra repayments
An extra $50 per week in mortgage repayments could shave nearly $47,000 off the total interest paid over the life of an average home loan, according to new modelling.
Major bank lowers serviceability floor
A big four bank has updated its home loan serviceability assessment policy in response to APRA’s regulatory amendments.
Major bank acknowledges GAC ‘shortcomings’ to regulator
Westpac has painted a condemnatory picture of its own governance, accountability and culture processes in a newly released self-assessment t...
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