As read in Mortgage Business Online – Entrepreneur and Count Financial founder Barry Lambert has warned that there could be “hard times ahead” for mortgagors as banks begin increasing interest rates. The philanthropist said that record house prices, pending oversupply of apartments in some cities, investor lending curbs, and elevated household debt levels, coupled with rising interest rates on mortgages, means […]
As read in Aust Broker Online -Proposed changes for banks and lenders to include positive credit reporting data will make life easier for anyone looking to take out a mortgage. Suzanne Steele, managing director of credit bureau Experian, told Australian Broker that Australia was at odds with the world in how consumer data is reported. Out of […]
As read in The adviser online -Lenders and other stakeholders have come together at an inaugural roundtable to discuss new initiatives aimed at improving customer experiences of changing banks. Last Thursday’s inaugural Australian Bankers’ Association Switching Roundtable brought together banks, consumer groups, regulators and card schemes to better understand customer views about switching banks. ABA […]
As read in the Aust Broker Online -The number of first home buyers has risen by 6.6% throughout December quarter last year, a slight increase of 0.5% from the same time period in 2015. New statistics from the Real Estate Institute of Australia (REIA) in conjunction with Adelaide Bank show that first home buyers comprise […]
As read in MortgageBusiness online - Despite the rate of national inflation growth rate falling to a 19-year low of 1.5 per cent last year, the governor of the Reserve Bank of Australia has said that he does not expect the rate of inflation to fall any further this year. In his recent opening statement to […]
