Resimac expands Prime Alt Doc LVRs

By: ameer@trustedteam.com

Resimac today (15 April) introduced new loan-to-value ratio (LVR) bands for its Prime Alt Doc product. In order to make the offering “more accessible to self-employed borrowers” – and bring...

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Average mortgage size up in March quarter: AFG

By: ameer@trustedteam.com

According to the latest AFG Index released by the Australian Finance Group (AFG), the national average mortgage size grew by approximately $5,000 during the March quarter 2024 on the...

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Australia’s debt service ratio ‘extraordinary’: CBA

By: ameer@trustedteam.com

The Commonwealth Bank of Australia’s (CBA) latest report into the Australian household sector when compared to other countries has found that Australia’s debt-to-service ratio currently sits at a record...

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Homes to be built around 6 more NSW stations

By: ameer@trustedteam.com

Three Canterbury-Bankstown transit stations (Belmore, Lakemba, and Punchbowl); two in Lake Macquarie (Cardiff and Cockle Creek); and Woy Woy station in the Central Coast have been put forward as...

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Spring Finance launches bridging range in Scotland 

By: ameer@trustedteam.com

Spring Finance has launched its full suite of bridging products in Scotland.   The specialist lender says the move is supported by Wilson McKendrick solicitors, “who have a long history...

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Product launch and rate cuts from Residential by Foundation

By: ameer@trustedteam.com

Residential by Foundation has announced new products and a range of rate cuts across its limited edition, special and core ranges. New products include an F1 for owner-occupiers who just...

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Tuscan Capital hires Salt as regional sales director, Midlands

By: ameer@trustedteam.com

Specialist lender Tuscan Capital has appointed Rebecca Salt as its new regional sales director for the Midlands. Salt has over a decade’s experience in the commercial finance sector, including roles...

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Hodge partners with Propflo on green homes platform 

By: ameer@trustedteam.com

Hodge has partnered with PropTech firm Propflo in a drive to show homeowners how to make their properties more energy efficient.   The specialist lender will use Propflo’s GreenVal platform,...

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How Freddie Mac’s Sonu Mittal works to slash mortgage costs

By: ameer@trustedteam.com

Sonu Mittal recently finished his first year heading single-family acquisitions for Freddie Mac, and it's gotten him to think about the path that brought him in addition to what...

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Will a wider war in the Middle East push mortgage rates higher or lower?

By: ameer@trustedteam.com

10-year yield and mortgage rates There is nothing good to report on mortgage rates from last week. The chart below shows that we broke the critical technical level on the...

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