Monthly Archives: March 2018

Arrears on the rise in early 2018 – Aust Broker

  As read in Australian Broker Online -Employment conditions may be improving across the country but it seems many Australian lenders are still on shaky ground after recent data reported a rise in home loan arrears rose in January. The Standard & Poor’s Performance Index (SPIN) for Australian prime mortgages increased to 1.30% from 1.07% […]

ACCC releases mortgage pricing report – MortgageBusiness

As read in MortgageBusiness online – “Opaque” pricing of discounts on home loan offerings has inhibited borrowers from making informed choices, according to a report from the Australian Competition and Consumer Commission. After monitoring prices charged by the Commonwealth Bank, ANZ, NAB, Westpac and Macquarie Bank, the ACCC’s residential mortgage price inquiry has found “less […]

NAB develops mortgage for ‘world-first’ co-ownership platform –MortgageBusiness

  As read in MortgageBusiness Oline -The major bank has developed a new mortgage product in partnership with a co-ownership platform, positioning the product as a potential solution to Australia’s housing affordability crisis. Launched this week, Kohab is an online marketplace for co-ownership of property and helps potential buyers in three ways: by co-living (whereby one […]