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Home...Mortgage News

Mortgage News – Page 263

Investment firm bans mortgage lending to foreign buyers

Investment giant AMP plans to ban foreign lending to most foreign borrowers, citing unspecified “changes to the market” as the reason.

01 Jun, 2016

Firstmac cuts back on apartment lending

Firstmac has warned mortgage brokers about plans to toughen lending criteria to high-density apartments.

01 Jun, 2016

Signs of price falls send tremors to Australia’s property market

Tremors have recently been felt in Australia’s housing market as Macquarie Bank cut its LVR from 80 per cent to 70 per cent for around 50 postcodes and 100 suburbs.

31 May, 2016

CBA enhances security operations to prevent mortgage fraud

In a bid to stop mortgage fraud, CBA is overhauling its mortgage operations to ensure security and transparency when dealing with mortgage brokers.

30 May, 2016

Investors fear a sudden fall in Australia's property prices

Bets against Australia's Big Four banks have piled up recently, driven in part by Australia's housing bubble fears.

29 May, 2016

Shares or property: Which is the better investment?

Investors can get the best of both worlds by investing across both asset classes.

29 May, 2016

Tax strategy allows millennials to amass huge property portfolios

The "six-year rule" allows first home buyers to become a rentvestor, claim negative gearing benefits while receiving income from a tenant, and sell for a profit incurring a CGT bill.

26 May, 2016

Regional banks pushing up mortgage rates despite RBA cut

Brisbane-based Suncorp and Westpac-owned Bank of Melbourne have pushed through a series of out-of-cycle mortgage rate rises despite the RBA's official rate cut.

26 May, 2016

Westpac lowers deposit for property investors

Westpac has brought the bank in line with rival Australian lenders as it lowered the bar for investors seeking home loans.

24 May, 2016

Developers, struggling to secure a second mortgage?

There are several reasons why banks need a lot of convincing to award developers with second mortgages, despite the presence of sound arguments regarding the benefits of a second mortgage.

23 May, 2016

Macquarie expects a cash rate lower than one per cent in 2017

Macquarie Group analysts believe that three more rate cuts from the Reserve Bank are on the line before the current easing cycle ends.

23 May, 2016

‘Rentvesting’: The new investment strategy for first home buyers

At least a third of investors—better known as ‘rentvestors’—in 2016 are first-time buyers who had not yet bought their own home, said a recent Mortgage Choice survey.

23 May, 2016

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