What will lower mortgage rates do to spring housing inventory?

November 26, 2023by

Purchase application data Now that mortgage rates have fallen from a bit over 8% toward 7.32%, we can see the...

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Australian economy ‘in a better position than most’, says Treasurer 

November 25, 2023by

Australia’s economy is “in a better position than most”, according to federal Treasurer Jim Chalmers, despite the nation still...

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RBA reveals reason behind November rate hike

November 25, 2023by

The November monetary policy meeting saw the Reserve Bank of Australia (RBA) increase the official cash rate by 0.25...

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Major bank scraps deputy CEO position 

November 25, 2023by

The major bank has revealed it will enter 2024 with a reshaped executive leadership team as its deputy chief...

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Home Value Index reaches record high

November 25, 2023by

CoreLogic’s national Home Value Index (HVI) has revealed that the national dwelling value as of 22 November 2023 reached...

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Investigations into alleged mortgage Ponzi scheme continue

November 25, 2023by

Investigations are continuing into the alleged misappropriation of investment funds from a mortgage and loan business, with findings not...

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Home loans the top reason for hardship 

November 25, 2023by

Home loans are the primary product that individuals are currently requesting hardship assistance with, leading to several organisations calling...

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Westpac subsidiaries added to government guarantee scheme

November 25, 2023by

St.George, Bank of Melbourne and BankSA have officially joined as participating lenders authorised to offer the Australian Government’s Home...

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Majority of older Australians think they will outlive their savings

November 25, 2023by

Of those older Australians with savings and investments, 53 per cent believe they will outlive them. Moreover, in 2018...

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Australian mutuals outperform broader banking sector 

November 25, 2023by

Australian mutual banks, building societies, and credit unions (mutuals) have outperformed the broader banking industry when it comes to...

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