The bank has also adjusted its LVR cap on residential investor loans, citing tighter regulations by regulators as the cause
The big four bank has increased its mortgage rates for owner-occupiers as well as investors
The big four bank has updated both its variable home loan and business loan interest rates
A national aggregator has confirmed that the proposed shadow shopping of Australian brokers should be starting soon
Rising house prices in Australia are impacting household debt levels and labour participation rates according to research from the University of Sydney
Building society Newcastle Permanent has delivered a net profit after tax in excess of $40m, with growth in its loan book a key contributor to the result.
House prices have moved out of reach of average single income Australians in all but two capital cities according to research from an online home loan comparison portal.
Total commissions paid to mortgage brokers in Australia pushed past $1.1bn in the year to August thanks to growing broker market share, rising loan values and tweaks to commission structures
Sydney is among the world’s cities most at risk of a housing bubble according to research from global investment bank UBS.
Industry super fund-owned bank ME remains on a strong growth path, with the non-major lender announcing a healthy profit increase across the 2016 financial year