Demand for interest-only mortgages spike as borrowers face rate hikes

August 26, 2023by

There has been a ‘notable spike’ in demand for interest-only mortgages in July as borrowers struggling with repayment hikes...

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Bank achieves quarterly cash profit ahead of schedule

August 26, 2023by

BNK has had a transformational 2023 financial year as the company’s strategic expansion into higher margin lending is starting...

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Lower vacancy rates bad news for renters – PropTrack

August 26, 2023by

In more bad news for renters already struggling with high rental prices, PropTrack’s latest report has revealed rental vacancy...

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Australian Mortgage Awards tickets selling fast

August 26, 2023by

Tickets are flying out the door to the premiere event on every mortgage broker’s calendar, the Australian Mortgage Awards,...

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Zillow rolls out new 1% down payment program in Arizona

August 26, 2023by

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Orphe Divounguy, Zillow home loans senior economist,...

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Rent-price growth settles near pre-pandemic rate

August 26, 2023by

Rents for single-family properties grew at its slowest pace in almost three years with prices across all levels cooling...

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TD reports strong mortgage volumes and stabilizing amortizations

August 26, 2023by

Despite a sharp slowdown in mortgage originations this year, TD Bank reported strong annual volume growth of 4% in...

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First National comments on underwriting partnership with BMO, says move is an “endorsement of the channel”

August 25, 2023by

BMO’s decision to work with First National as its underwriting partner for its return to the broker channel served...

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Commonwealth Bank posts record growth in asset finance

August 25, 2023by

New data from Commonwealth Bank of Australia (CBA) has showed investment by Australian businesses in machinery and equipment upgrades...

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FHL launches new remo-only product range

August 25, 2023by

Specialist lender Foundation Home Loans (FHL) has refreshed its core buy-to-let (BTL) and owner-occupied range and launched new remortgage-only...

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