Australia home prices’ long decline pauses on rate cut prospects – Sydney saw prices rise 0.3% for the week and Melbourne firmed 0.1%. have scaled back estimates for how far prices may ultimately drop. Property and mortgage brokers who spoke to Reuters last week.
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Bank tells brokers to spot abusive home loan applicants – Mortgage brokers will be required to identify borrowers who are emotionally or physically violent under tough new rules being introduced by Bank of Queensland to protect “vulnerable” customers. From.
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Betting the house: investors demand higher premiums for risky Australian mortgage bonds – David Bailey, chief executive of mortgage broker and RMBS-issuer Australian Finance Group, said demand for the products remained very strong despite some change to the returns in the lower tranches..
APRA ‘game-changer’ to boost prices – The Australian Prudential Regulation Authority’s easing of mortgage. brokers said APRA’s Tuesday announcement could not have been timed better for the re-elected Coalition government as it would.
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House prices in Sydney and Melbourne could fall by up to 25 per cent this year. from the $120 billion interest-only loan rollover and mortgage broker exodus to the Labor Party’s proposed tax.