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Pandemic drains FHB deposit savings

Almost 70 per cent of first home buyers have been forced to suspend their home ownership plans after tapping into their deposit savings i...
November 24, 2020

Over a third of Australians are more likely to seek assistance from a mortgage broker now than prior to the COVID-19 crisis, new research has revealed.

August 20, 2020

Borrowers who move to an interest-only loan following the expiry of their loan deferral period should not be charged a higher rate, according to RateCity.

August 20, 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 21 August.

August 20, 2020

CML Group has completed its acquisition of an invoice finance platform, after paying $2.25 million in cash and shares.

August 19, 2020

Above-system mortgage and deposit growth has helped bolster the major bank’s earnings over the third quarter, enabling it to pass on dividends to shareholders.

August 19, 2020
Mortgage brokers have an opportunity to “own” the space of being educators on property as an asset class, YBR chairman Mark Bouris has said i...
August 19, 2020

Victoria-based broker Jonathan Lee explains why it is important for brokers to take stock of their business processes and eliminate doubling up of tasks.

August 19, 2020
Continued demand for the First Home Loan Deposit Scheme is a reflection of the market’s resilience to the COVID-19 crisis, a federal minister has said, after sharing new stati...
August 18, 2020

One in four businesses grappling with the economic fallout from the COVID-19 pandemic has had their application for credit rejected by lenders, according to new research.

August 18, 2020

Over 150 brokers joined the Loan Market franchise last financial year, which the group attributed to the BID legislation.

August 18, 2020

The volume of funds requested by SMEs halved in Q420, according to SME lending platform Lend.

August 18, 2020
The Combined Industry Forum is reviewing clawback arrangements within the broker remuneration model, with a recommendation for reform due by the end of the year, co-chair Mark H...
August 17, 2020

Teachers Mutual Bank has reduced the maximum LVR for fixed-rate home loans with LMI, effective 17 August.

August 17, 2020

The major brokerage has expanded its network of brokers and franchisees in the midst of the COVID-19 crisis.

August 17, 2020
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