The Australian Securities and Investment Commission is planning to review mortgage brokers on interest-only lending processes.
News
Melbourne's tradies among the cheapest in Australia
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18 November 2015
If you’ve bought a doer-upper or want to improve your existing home in Melbourne there’s good news, a new report says the state has the cheapest tradies in Australia.
Melbourne clearance rates show steady health for two weeks running
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16 November 2015
Melbourne’s auction market had another steady spring-time weekend despite mounting uncertainty about the property market’s future strength.
Small lenders to snaffle bigger market share as rate gap with major banks increases
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12 November 2015
The gap between home loan interest rates being offered by the major banks and the rest has effectively doubled according to comparison website Mozo.
Lending to property investors has fallen for September
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11 November 2015
The demand for finance from housing investors has started to slide, most likely off the back of tighter lending restrictions and recent interest rate hikes from banks.
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