Clancy Yeates| Sydney Morning Herald| 24 April 2018 https://www.smh.com.au/business/the-economy/interest-only-mortgage-holders-face-7-000-a-year-hit-rba-20180424-p4zbb9.html Borrowers with a typical interest-only home loan face a $7000 jump in their annual mortgage costs when their interest-only period ends and they are forced to start…
Charbel Kadib| The Adviser| 15 May 2018 https://www.theadviser.com.au/breaking-news/37764-total-loan-approvals-drop-by-over-1-6-billion The total value of housing, commercial and personal loans approved in March dropped by over $1.6 billion in a month, according to the latest data from the…
Martin North| Digital Finance Analytics| 8 March 2018 Securitisation On The Up (and Up) The ABS released their latest data on the Assets and Liabilities of Australian Securitisers. At 31 December 2017, total assets of…
Christopher Joye| Australian Financial Review| 4 May 2018 http://www.afr.com/personal-finance/shares/embrace-house-falls-as-a-good-thing-20180503-h0zmfk Before I dive into where housing is heading, the banking regulator’s analysis of CBA’s vulnerabilities was spot on. This column has long argued that the essential…
Ottiena Ellwand| Mortgage Professional Australia| 16 May 2018 https://www.mpamagazine.com.au/sections/market-talk/a-fee-for-service-model-only-supports-the-big-major-banks-249969.aspx Major aggregator heads expressed their confidence last Friday at MPA’s live-streamed roundtable event that the broker commission structure is sound and likely won’t be dismantled despite…
The residential property market is dead! Long Live the commercial market! Bank lending is dead! Long live the non-bank lenders! Are you equipped to cope with the tectonic shifts that are taking in property and finance? The…
James Mitchell| The Adviser| 16 May 2018 https://www.theadviser.com.au/breaking-news/37765-credit-crunch-a-complex-picture-for-brokers Slower credit growth and reduced borrowing capacity are expected to wipe 10 per cent off volumes this year, but brokers may find a silver lining in their…
The Banking Royal Commission has been like a thriller with us glued to our screens as we see banking executive after banking executive humiliated by the industry’s activities. But while we have been transfixed with…
David Scutt| Business Insider| 26 April 2018 https://www.businessinsider.com.au/apra-just-made-it-even-harder-to-get-a-home-loan-2018-4 After being in place for a little over three years, APRA, Australia’s banking regulator, has announced its 10% annual cap on investor housing credit growth will be…
Charbel Kadib| The Adviser | 20 April 2018 https://www.theadviser.com.au/breaking-news/37664-total-mortgage-values-rise-in-february The total value of owner-occupier home loans increased in February, according to the latest data from the Australian Bureau of Statistics. The latest Lending Finance data from the…
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