Prime Minister quietly issues warning on house prices - NEWS.com.au

NEWS.com.au

Prime Minister quietly issues warning on house prices
NEWS.com.au
Interest rates have been at record lows until banks recently tweaked up rates on certain investor loans. Higher interest rates across the whole housing market could be next. Financial market pricing hints that official interest rates are more likely to ...
Brace for interest rate hike, says Australia PMPropertyGuru Singapore

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Australia: Mortgage fraud: ASIC gets tough on brokers in the home loan market - Mondaq News Alerts (registration)

Australia: Mortgage fraud: ASIC gets tough on brokers in the home loan market
Mondaq News Alerts (registration)
ASIC is responding to the high level of loan application fraud originating from mortgage brokers. It's announced a significant project designed to develop industry-based and best practice solutions to prevent loan fraud, particularly in respect of the ...


'Gravity catching up to housing stupidity' - NEWS.com.au

NEWS.com.au

'Gravity catching up to housing stupidity'
NEWS.com.au
Mr Richardson said the Reserve Bank of Australia will start raising the cash rate some time in 2018, but that household debt will act as a brake on the pace of increases. “Australia's heavily indebted families are now the Reserve Bank's problem, which ...

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Home loan arrears level now stable - Australian Broker

Australian Broker

Home loan arrears level now stable
Australian Broker
Looking at where the loans came from, S&P analysts found that arrears increased in originator categories such as 'major banks,' 'non-bank originators,' and 'non-bank financial institutions'. Exceptions included 'other banks' which fell from 1.14% to 1 ...

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Cash trap for housing as GFC lessons 'unheeded by banks' - Herald Sun

Herald Sun

Cash trap for housing as GFC lessons 'unheeded by banks'
Herald Sun
The volume of riskier interest-only loans in the market — accounting for about 40 per cent of all mortgage products — was an example of heightened competition in banking leading to financial stability risks, Prof Davis said. “The notion that banks ...

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NAB extends crackdown on interest-only home loans - The Sydney Morning Herald

The Sydney Morning Herald

NAB extends crackdown on interest-only home loans
The Sydney Morning Herald
National Australia Bank will start automatically rejecting customers who want to borrow a high multiple of their income and only pay interest on their home loan, amid concerns over the growing risks created by rising household indebtedness. From this ...
NAB takes tougher stand on rejecting risky interest-only loansThe Australian

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Fintech launches with 22-minute home loan - Australian Broker

Business Insider Australia

Fintech launches with 22-minute home loan
Australian Broker
“What we saw was an opportunity for a customer to complete a home loan application and be fully approved – and in the case of a refinance even receive their full mortgage documentation – in the same timeframe it would take them to complete an ...
An Australian fintech startup says it can grant a home loan in 22 minutesBusiness Insider Australia
SA jobs: Tic Toc online home loans to add 200 new Adelaide workersABC Online
VIDEO: Claimed 'world-first' online home loan from South Australian fintech firmiTWire
InDaily -Business Review Australia -EFTM
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Reserve Bank and APRA pave way for Australia's dark days of debt stress - Domain News

Domain News

Reserve Bank and APRA pave way for Australia's dark days of debt stress
Domain News
First, APRA capped investor housing credit growth at 10 per cent year-on-year, then earlier this year it limited new interest-only home loans to a 30 per cent overall share. And looking forward, UBS said “it seems unlikely regulators will quickly ...
Major banks ordered to raise capital buffers to be 'unquestionably strong'The Sydney Morning Herald
Bank regulator's edict is sure to drive up home loan ratesThe New Daily
APRA lifts capital target for banksThe Australian
ABC Online -Motley Fool Australia -Bloomberg
all 106 news articles »

NAB hikes rates on interest-only home loans, cuts others - The Sydney Morning Herald

The Sydney Morning Herald

NAB hikes rates on interest-only home loans, cuts others
The Sydney Morning Herald
National Australia Bank has joined rivals in raising interest rates for customers with interest-only home loans, while cutting rates by a smaller amount for ...
NAB cuts standard variable loan rate, leaves CBA hangingHerald Sun

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Home loan approvals lift for the first time since January: ABS - The Australian

The Australian

Home loan approvals lift for the first time since January: ABS
The Australian
The value of loans for investment housing fell 1.4 per cent from April, the ABS said. Lending for housing and soaring house prices have been a key issue for governments, regulators and central bankers in Australia for some time. Efforts to stymie ...
Investor loans fall to lowest level in 12 months as banks react to tighter APRA regulationsThe Sydney Morning Herald
Australia home lending recovery undershoots expectations in MayFinancial Times
Australia Home Loans Rise 1% In May | 07/11/17 | Markets InsiderMarkets Insider
Economic Calendar -ForexTV.com
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