Strong activity across RP Data’s valuation platforms indicates home loan demand is yet to moderate.
Building societies are expected to grow more than the mortgage industry in the year ahead.
Low interest rates have failed to attract first home buyers to the market, with the situation expected to deteriorate when rates eventually rise.
The mortgage industry is expected to see further consolidation as smaller players struggle to compete in an increasingly digital environment.
A leading financial services lawyer believes commissions in mortgage broking and financial planning are beneficial to all.
The Reserve Bank of Australia has today announced the outcome of its sixth board meeting of the year.
The Bank of England has introduced limits on high LVR lending and imposed stress testing on prospective home-buyers.
The Reserve Bank has recommended that more regular data be provided by the Foreign Investment Review Board on approved property purchases.
The CBA financial planning inquiry could see each major lender hold up to $2 billion in additional capital with increased operational risk charges.
A top aggregation executive has stressed the significance of broker disclosure to the industry’s credibility.
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