Finsure and Goldfields Money have signed binding documentation in a transaction that would create a $97.5m merged entity
High property prices and household debt pose risks to banks’ 2018 performance, says Fitch
Australians are more likely to feel their home loan is a burden today than two years ago
Lendi raised $25m of new capital in an aim to boost its market share
The mortgage market is set for significant adjustment as the demographic of the average buyer continues to evolve, with brokers advised to keep up with the times.
In its latest commentary, the Reserve Bank of Australia has voiced concerns over a Chinese economic slowdown – though brokers should not be overly fearful.
Co-ownership is an increasingly viable option for first home buyers, with brokers urged to be vigilant over joint-purchases.
Latest statistics from the AFSA show more than 7,000 Australians have gone broke in the last quarter, with Queensland and Western Australia hit particularly badly.
Small improvements in housing affordability make no difference to overall picture, says CEO of MFAA, Siobhan Hayden
Federal budget will tackle public services, with knock-on benefits for broker industry