Voice of Commonwealth

Insurance & Mortgages News

Top mortgage lender to move away from one-size-fits-all option

SYDNEY (CU)_Amid the COVID-19 outbreak in 2020, the Australia and New Zealand Banking Group (ANZ) gave its customers no-questions-asked deferrals on their mortgage repayments,...

Loan limits have an anti-competitive effect!

SYDNEY (CU)_Throughout 2020, amid the economic downturn brought about by the COVID-19 pandemic, owner-occupied buyers in the housing market significantly increased their purchases, while...

Higher demands driving house prices to new highs

LONDON (CU)_Over the recent past, particularly following the COVID-19 pandemic, there has been a significant increase in demand for houses, with family homes being...

Standard Chartered offers a new below-average deal

NAIROBI (CU)_It is no secret that the COVID-19 pandemic has had a negative effect on economies across the globe, and has consequently affected financial...

-1% mortgage deal for UK homeowners!

(LONDON)_Over the recent weeks, competition has intensified between mortgage lenders to offer rates below 1 per cent. Earlier this month, HSBC UK launched a...

Former NAB and ANZ execs jump ship to set up digital mortgage broker

MELBOURNE (CU)_Over the recent past, particularly following the COVID-19 pandemic, almost every sector across Australia's economy, including the mortgage broking industry, has been experiencing...

Kiwibank goes against the tide as major banks follow ASB

AUCKLAND (CU)_Last week, ahead of the central bank's announcement on the OCR, the Auckland Savings Bank (ASB) decided to update its mortgage rates, increasing...

House-flipping a threat to potential buyers in Montreal

MONTREAL, Québec (CU)_A recent report issued by the Canada Mortgage and Housing Corporation (CMHC) has revealed that house-flipping is on the rise in the...