Monthly Archives: December 2017

Improved affordability sees flood of FHB’s – Aust Broker Online

As read in Aust Broker Online – Housing affordability has improved while first home buyers enter the market in even greater numbers, according to brand new research. The latest Housing Affordability Report released by the Real Estate Institute of Australia (REIA) in partnership with Adelaide Bank has revealed some positive market trends across the country. The proportion […]

ACCC urged to look into IO rate repricing – Aust Broker Online

As read in the Aust Broker Online -Recommendations for the Australian Competition and Consumer Commission (ACCC) to delve further into interest-only mortgage repricing have been tabled by the House of Representatives Standing Committee on Economics. In its third report on the review of the four major banks released on Thursday (7 December), the committee proposed […]

ASIC releases its review on interest-only home loans – Aust Broker Online

As read in Aust Broker Online -ASIC’s review of interest-only lending has revealed that borrowers who used brokers were more likely to obtain an interest-only loan compared to those who went directly to a lender. The review, which was announced in April 2017, was a targeted industry surveillance examining whether lenders and mortgage brokers are […]

Borrowers undeterred by higher deposits- MortgageBusiness Online

MortgageBusiness Online As read in MortgageBusiness Online -First home buyers are as active as ever in the Australian housing market, but they are spending more time saving for increasingly higher deposits, new data from Bankwest has revealed. The Bankwest First Time Buyer Report 2017 has revealed that first home buyers (FHBs) purchased almost 95,000 properties in the […]