MFAA | 19 June 2019 https://www.mfaa.com.au/news/mortgage-brokers-record-highest-ever-market-share-amidst-tough-market-conditions The mortgage broker channel has recorded its highest ever residential home loan market share result with brokers settling 59.7 per cent of all residential home loans during the January…
Ingrid Fuary-Wagner | Australian Financial Review | 30 June 2019 https://www.afr.com/real-estate/residential/best-month-for-sydney-auctions-in-almost-two-years-20190630-p522o1 Cashed-up buyers who have been biding their time and waiting out the downturn are now starting to make their move as selling agents report…
Ingrid Fuary-Wagner | Australian Financia l Review| 1 July 2019 https://www.afr.com/real-estate/residential/property-recovery-starts-in-sydney-melbourne-20190627-p52202 Property price growth in Sydney and Melbourne is in positive territory for the first time since the market peaked in 2017, as lower mortgage…
Stephen Letts | ABC | 3 July 2019 https://www.abc.net.au/news/2019-07-03/what-the-rate-cuts-mean-for-you/11273500?section=business Who said Australia’s big four banks run an oligopoly? Key points: The big banks have passed on between 80-88 per cent of the two RBA rate…
David Ross| Domain | 27 June 2019 https://www.domain.com.au/money-markets/why-your-credit-score-is-going-to-change-on-july-1-852970/ Lenders are set to learn a lot more about borrowers from July 1, with banks required to share more data on applicants than ever before. The full…
Mortgage Business | 2 July 2019 https://www.mortgagebusiness.com.au/breaking-news/13565-open-banking-regime-commences The financial services sector has officially ushered in the first phase of the new open banking regime. The 2019-20 financial year has kicked off with the launch of…
Mortgage brokers now arrange more loans than lenders do directly. 59.7 per cent of home loans are now arranged by mortgage brokers rather than by someone applying directly through their bank, according to Corelogic research.…
Matthew Cranston | The Australian Financial Review | 21 May 2019 https://www.afr.com/news/economy/rba-signals-june-rate-cut-20190519-p51p12 Reserve Bank of Australia governor Philip Lowe has given his clearest signal yet that interest rates will be cut next month, suggesting that…
James Frost & John Kehoe | The Australian Financial Review | 20 May 2019 https://www.afr.com/real-estate/residential/property-s-bumper-policy-week-will-lift-house-prices-soon-20190524-p51qpk A suite of favourable policy proposals and drivers of property demand that materialised this week will not be enough to…
Michael Bleby & Tim Boyd | The Australian Financial Review | 23 May 2019 https://www.afr.com/real-estate/residential/people-are-ringing-for-appraisals-agents-feel-post-election-pickup-20190523-p51qde Sydney’s housing market has welcomed the end of the federal election campaign, with vendors and buyers shaking off the uncertainty…
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