The tool will be compulsory for brokers and will ensure clients fully understand the financial effects of interest only repayments
The purchase of the small-ticket asset-backed finance firm will see the company change hands for the first time in almost 20 years
The Reserve Bank has acknowledged the broking community for boosting competition, transparency and consumer outcomes
The industry association has slammed the point of sale vendor introducer exemption as “bad public and competition policy”
APRA has released new data which shows the prevalence of investors and subsequently interest-only mortgages within the market is rising at record levels.
Have you noticed a boost from overseas clients? See where Australia was ranked in the property investment market in Asia-Pacific last year.
A small bank has raised A$500 million of funding in the residential mortgage-backed securities market, partly due to the success of Australia's residential mortgages.
Mortgage brokers have grabbed more market share, with the channel's volume shooting up nearly a quarter.
Despite "omnipresent competition" from the major lenders, one non-bank lender has reported a strong increase in lending volumes in its six-month profit report
A beleaguered mortgage company has reported a heavy loss in its latest half-yearly report – but has been granted a debt extension by the bank it owes millions