A third major bank has announced an increase of its variable property rates for investors
The bank has announced higher variable interest rates in an effort to balance stakeholder needs amidst rising bond rates
The CIO has rejected the Ramsay Review’s proposed single industry Ombudsman, saying it will only benefit the big banks
The new president has promised to continue advocating for negative gearing and to improve standards in the real estate industry
A major aggregator has kicked off the new year with two new appointments and a promise of increased support for brokers.
In a further signal of competition amongst the big four, a major bank has cut its three year fixed rate for brokers.
The latest inflation figures point to interest rates remaining at their current all-time low for the foreseeable future, say analysts.
Economy-wide spending finished strongly in 2013, with December recording a 0.9 per cent rise in sales.
ING Direct is set to tackle the big four’s market dominance in 2014, and Mark Woolnough says the majors are taking notice.
Low interest rates have spurred mortgage enquiries up 15% in the past year, according to the latest statistics.