Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

Investment loans dominate market

Investment property loans have grown by 37 per cent in four years while owner occupied loans grew by 4 per cent in the same period, according to Roy Morgan Research.

mortgagebusiness
Chinese website in lead agreement with Australian bank

Chinese non-residents buying property in Australia are being directed to a local lender through a lead generation deal between the bank and a mainland property website.

mortgagebusiness
YBR buys Vow for $17.6 million

Yellow Brick Road yesterday announced that it has received irrevocable acceptances from all 24 shareholders in Vow Financial.

mortgagebusiness
Hong Kong mortgage approvals up 24pc

Hong Kong mortgage approvals increased by 23.7 per cent in March to HK$19.3 billion (AU$2.7 billion), according to the Hong Kong Monetary Authority.

mortgagebusiness
Naylor steps down from MFAA

The board of the Mortgage & Finance Association of Australia (MFAA) today announced that Phil Naylor has advised that he will finish his role as chief executive officer of the ...

mortgagebusiness
Digital mortgages up 23pc in six months

UBank mortgages grew from $2.2 billion to $2.7 billion in the six months to March 31, an increase of 22.8 per cent.

mortgagebusiness
RBA rate cut expected by year end

The federal Budget has created compelling evidence for the Reserve Bank to cut interest rates - rather than raise them - by year end, according to a former RBA employee.

mortgagebusiness
Reverse mortgage growth hangs on Budget

Tonight’s federal Budget could incentivise retirees to release equity in their homes, driving new demand for reverse mortgages.

mortgagebusiness
Threat of new entrants splits opinion

A Mortgage Business poll has found the threat of new entrants to existing lenders has split opinion among readers.

mortgagebusiness
Barclays to axe 19,000 jobs

Barclays has announced plans to axe 19,000 jobs over three years, including 7,000 from its investment bank.

mortgagebusiness
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph

What are the main barriers to securing a mortgage at the moment?