News

Efficiency in the mortgage industry is set to improve with the launching of a new database that will aim to transform its methods of collecting and disseminating lender and product data.

As most of us are aware, record-low interest rates have stimulated somewhat of a property boom in Melbourne and Sydney over the last year, and to a lesser extent Brisbane as well.

House price growth looks set for continued slowdown next year despite the record low interest rates.

Brokers are being warned that the rate war could be coming to an end.

Variable rates have now fallen to 4.48 per cent, and brokers may be running out of time to capitalise on the continued run of rate cuts.

The threat of a property bubble in Australia is a constant presence in the current economic climate, but perhaps there’s a different bubble we should be more concerned about.