Articles

Prateek Chatterjee| Property Observer| 24 February 2017 http://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/66076-mortgage-broker-afg-says-profit-up-14-as-credit-market-picking-up.html Mortgage broker Australian Finance Group (ASX: AFG) reported a rise in half-yearly profit of 14% from the same period in the previous year, helped by the strong performance of its AFG Home Loans division. AFG’s loan book now sits at $127 billion, with the overall residential loan […]

Bill Evans, Westpac Chief Economist | Property Observer| 21 February 2017 http://www.propertyobserver.com.au/financing/interest-rates/65843-official-cash-rate-will-remain-on-hold-maybe-until-2018-westpac-s-bill-evans.html As expected, the minutes of the February monetary policy meeting of the Board of the Reserve Bank provided little additional insight to the Governor’s post-meeting statement and the February Statement on Monetary Policy. The surprise 0.5 percent decline in real GDP in the […]

Anthony Waldron| The Adviser| 20 February 2017 http://www.theadviser.com.au/blogs/35744-doing-the-right-thing The rise of the mortgage broking industry to become the major distributor of mortgages is due to a public vote of confidence. Millions of Australians – some 53 per cent of mortgagees – turn to a broker to represent their interests. First home buyers want a simplified […]

The Real Estate Conversation| 12 January 2017 https://www.therealestateconversation.com.au/news/2017/01/12/confidence-property-two-year-high/1484164857 Confidence in the property sector is at a two-year high at the beginning of 2017, according to the latest ANZ Property Council Survey. The survey of more than 1,500 property professionals showed that confidence rose 2 points to 132 for the March 2017 quarter. A score of 100 […]

Peter Ryan| ABC| 9 December 2016 http://www.abc.net.au/news/2016-12-09/interest-rates-on-mortgages-likely-to-rise/8106180?section=business After several years of record low interest rates, Australian home buyers are facing unwelcome news in the lead-up to Christmas. Banks have been quietly raising rates for investor loans in recent times, as well as a range of fixed-term rates, and are now eyeing whether to put up […]

Frances Schwartzkopff| Bloomberg| 27 November 2016 http://finance.yahoo.com/news/430-billion-mortgage-bond-market-110000783.html Donald Trump may have frightened off global bond investors, but the world’s largest mortgage-backed covered-bond market is shrugging off the specter of a real estate mogul with big spending plans running the U.S. Short-term yields in Denmark’s $430 billion mortgage bond market fell close to (and in some […]