May 2, 2018
Banks are tightening the screws on mortgage broker commissions
In the wake of the Financial Services Royal Commission, banks are tightening up on mortgage brokers’ fees.
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April 26, 2018
The gap is closing on house prices between Melbourne and Sydney
Melbourne’s house and unit prices are closing the gap on Sydney and are the closest they’ve been for four years.
April 24, 2018
Australian home buyers seeking mortgage brokers on the rise
The number of home loan borrowers going to a mortgage broker first is on the rise, while at the same time the number of people going to their financial institutions is falling.
April 20, 2018
Non-CBD office property in Melbourne topping investors’ shopping lists
Office buildings that lie outside Melbourne’s CBD are set to show strong price growth and are significantly undervalued according to a new office market report.
April 18, 2018
New survey finds one in five property buyers spend over their budget limit
A good portion of the respondents went over budget by a significant amount, with nearly half of them blowing their budget by $30,000 or more.
April 13, 2018
Cranes staying up in our skies for commercial projects as residential construction wanes
Residential construction is on the wane but the cranes are still in the sky – moving over into the commercial space.
April 11, 2018
Mortgage broking industry fires back at banks over business model
Brokers say recent criticism from banks amid the banking royal commission are a diversionary tactic and that if a flat fee for their service was introduced it would make home loans more expensive.
April 6, 2018
Reduced borrowing capacity set to come out of banking royal commission
A key outcome of the current banking royal commission shapes as reduced borrowing capacity for homebuyers.
April 4, 2018
Deja vu as official cash rate kept at 1.5% for another month
The Reserve Bank has kept official interest rates at 1.5 per cent for the 18th consecutive time, and that’s a record.
March 28, 2018
Should banks or consumers pay mortgage brokers for their service?
With the banking Royal Commission in full swing one of the big questions being asked in the mortgage industry right now is should consumers pay service fees to brokers?