Post-boom towns falling behind on mortgage repayments - The Australian

The Australian

Post-boom towns falling behind on mortgage repayments
The Australian
Signs of rising mortgage stress have emerged as the rate of missed home loan payments across Australia hits a five-year high and more than $26 billion worth of mortgages have fallen behind. Even with the official cash rate sitting at a record low ...


Liar loans symptomatic of poor home loan practices - Business News

Business News

Liar loans symptomatic of poor home loan practices
Business News
It is a bit more serious than that for investors and the wider Australian economy, because the home-loan market has reached the ludicrously dangerous stage whereby some (perhaps many) borrowers are getting whatever they want from their bank without ...
Australia's top FOMO suburbs: the once-cheap suburbs now worth a tonfinder.com.au

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'Third of Aussies lie' on mortgage forms - NEWS.com.au

NEWS.com.au

'Third of Aussies lie' on mortgage forms
NEWS.com.au
“We believe that 26 consecutive years of GDP (gross domestic product) growth in Australia has led to a large level of complacency within the economy,” UBS said. “This survey suggests many people have come to take house price inflation as a given and ...
Australian housing market built on $500 billion of 'liar loans': UBSDomain News
Local banks' $500bn of 'liar loans' could threaten financial stability: UBSThe Australian
'Liar loans' hit $500b, mortgagors are 'more stretched' than banks believe: UBSThe Australian Financial Review
The Weekly Times
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Banks drop fixed rate loans to attract new customers - NEWS.com.au

NEWS.com.au

Banks drop fixed rate loans to attract new customers
NEWS.com.au
“Recently we have seen a number of Australia's lenders cut the interest rates charged on some of their fixed rate products. “Fixed rate home loans are now very competitively priced, which has made them more attractive to homeowners who are looking for ...

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Most Australian home loan customers are paying way more than needed on their mortgage - dailytelegraph.com.au

dailytelegraph.com.au

Most Australian home loan customers are paying way more than needed on their mortgage
dailytelegraph.com.au
One in three home loan customers concede they are “apathetic” when looking for a better mortgage deal and only 17 per cent say they would like to get a better rate but have no idea how to do it. But a quick phone call or in some cases even an email to ...

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Home loans: Australia's mortgage market a $1.7 trillion 'scam', report ... - NEWS.com.au

NEWS.com.au

Home loans: Australia's mortgage market a $1.7 trillion 'scam', report ...
NEWS.com.au
THE Australian mortgage market has “ballooned” due to banks issuing new loans against unrealised capital gains of existing investment properties, creating a ...

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Gottliebsen: Home loan lying fuels explosive mix - The Australian

The Australian

Gottliebsen: Home loan lying fuels explosive mix
The Australian
Australian investors might have filled the gap but banks are under instructions from APRA to adopt a much tougher line on approving investor loans. And to make matters worse banks are also increasing the interest rates charged to investors while the ...


Mortgage stress taps 5-year high: Moody's - The Australian - The Australian

The Australian

Mortgage stress taps 5-year high: Moody's - The Australian
The Australian
Mortgage delinquencies hit a five-year high in May, according to Moody's, as S&P data revealed the proportion of Australians behind on their mortgage ...

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Home loan warning: Reserve Bank is giving the mortgage stressed ... - ABC Online

ABC Online

Home loan warning: Reserve Bank is giving the mortgage stressed ...
ABC Online
The Reserve Bank has been giving a lifeline to struggling mortgage borrowers, but it won't last forever, so now is the time to get your repayments under control.
Banks and Interest Rates - Money Morning AustraliaMoney Morning Australia
Higher Investor Confidence Triggers Euro to Australian Dollar RallyEuro Exchange Rate News

all 37 news articles »

CBA cuts ties with wealth arm - The Australian

The Australian

CBA cuts ties with wealth arm
The Australian
It's the latest in a string of moves by Australia's largest banks to strip themselves of problematic or underperforming businesses, in a bid to refocus on home loans and deposits, which are traditionally far more profitable. ANZ has its wealth arm ...

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