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Mortgage Business
48 followers -
The leading resource for those involved in the distribution of mortgages.
The leading resource for those involved in the distribution of mortgages.

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Mutual cuts rates by up to 31bps - Teachers Mutual Bank and its subsidiaries have introduced a rate cut for certain owner-occupier home loans, two weeks after hiking interest-only rates by 50 basis points.

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CUA partners with international banking innovator - Credit Union Australia is looking to ramp up its digital banking experience through a partnership with US-based Pivotus Ventures.

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Joust defends rate focus and ‘non-advice’ mortgage model - Online mortgage marketplace Joust has distanced itself from online broker models and defended its strategy to provide "non-advice-based" home loan distribution to the Australian market.

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74% think ‘rentvesting’ is a good strategy - Almost three-quarters of people believe that investing in a house but continuing to rent elsewhere is a good strategy for those struggling to get into the market.

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Banks warn against price-driven online mortgage platforms - A number of bank executives have shared their experience with online broker models and digital platforms that effectively auction borrowers to the lowest bidder.

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Medium-density approvals see sharpest fall in four years - The uncertainty in Queensland markets has led to the largest decline in medium-density housing approvals in four years, Bankwest has said.

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The hottest spots for under 30s across Australia - A new study shows where Australians under 30 want to live, as well as the country’s most popular state or territory, by analysing mortgage applications.

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ANZ ‘best placed’ to meet APRA benchmark - Of the major banks, ANZ is “best placed” to meet the Australian Prudential Regulation Authority’s “unquestionably strong” tier-one ratio without needing to raise capital on market.

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ACCC warns of property spruiker ‘selling lies’ - The ACCC has declared a property business and its director as making false or misleading representations about profiting through real estate. The misdeed? Making the claim of being able to purchase a property for $1.

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'Marginal’ borrower activity critical to financial stability: RBA
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