The figures also show the average home loan value has increased
“[We] will continue to service this borrower type well into the future.”
The data showed a historic low for May’s non-conforming loan arrears
The non-major has announced it is closing more than two-thirds of its east coast branches
Pre-budget submissions have called on the government to tackle low levels of first home buyers and soaring house prices.
A major bank has followed its launch of commission changes with announcements of rate cuts and a new broker referral program
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A major bank is undertaking a sweeping review of its mortgage products after a glitch forced it to refund $70m to 235,000 home loan customers.
A founding director of a top mortgage management company has announced his latest venture designed to stamp out mortgage fraud.
New home sales statistics revealed the first year of growth since 2008, pointing to a possible recovery in the sector.