Tag: Mortgage News

The need for speed could leave major lenders in a pickle

Business & Trade Veronica Elishya -
SYDNEY (CU)_There are two main factors which customers consider when taking a mortgage. The first and the most obvious...

A material deterioration in lending standards…

Business & Trade Veronica Elishya -
MELBOURNE (CU)_Over the past few months, house prices in Australia have been escalating at record levels, reaching a 19...

NZ Tinder users: ‘Just want someone to buy a house!

Business & Trade Veronica Elishya -
WELLINGTON (CU)_Over the past decade, house prices in New Zealand have reported a noteworthy escalation. This was particularly exacerbate...

Investors taking advantage of record low interest rates in Australia

Business & Trade Veronica Elishya -
SYDNEY (CU)_During the 12 months ending in August, median home prices in Australia escalated to 18.4 per cent, the...

Bank of Canada has found itself in a tight spot

Business & Trade Veronica Elishya -
OTTAWA (CU)_Over the recent months, the housing crisis in Canada has been making headlines, particularly amid a host of...

Proposed reforms could backfire

Business & Trade Veronica Elishya -
OTTAWA (CU)_With the 2021 federal election scheduled to be held later his month, Canadian Prime Minister Justin Trudeau’s Liberal...
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Chief of Senate Committee on Housing ‘happy with what we’ve seen so far’

Business & Trade Veronica Elishya -
LAGOS (CU)_A top innovative real estate company has launched a major project to assist Nigerians who hope to access...

ANZ takes a U-turn on rate hike

Business & Trade Veronica Elishya -
WELLINGTON (CU)_Just a week ago, the Australia and New Zealand Banking Group (ANZ) increased its interest rates, ahead of...

New data offers hope for Australian homebuyers

Business & Trade Veronica Elishya -
CANBERRA (CU)_Following the Reserve Bank of Australia's monthly board meeting in early July, Governor Phillip Lowe expressed hope for...

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

Business & Trade Michael Alfonsia -
SYDNEY (CU)_Amid the COVID-19 outbreak in 2020, the Australia and New Zealand Banking Group (ANZ) gave its customers no-questions-asked...

Loan limits have an anti-competitive effect!

Business & Trade Michael Alfonsia -
SYDNEY (CU)_Throughout 2020, amid the economic downturn brought about by the COVID-19 pandemic, owner-occupied buyers in the housing market...

Standard Chartered offers a new below-average deal

Business & Trade Michael Alfonsia -
NAIROBI (CU)_It is no secret that the COVID-19 pandemic has had a negative effect on economies across the globe,...

-1% mortgage deal for UK homeowners!

Business & Trade Michael Alfonsia -
(LONDON)_Over the recent weeks, competition has intensified between mortgage lenders to offer rates below 1 per cent. Earlier this...

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

Business & Trade Michael Alfonsia -
MELBOURNE (CU)_Over the recent past, particularly following the COVID-19 pandemic, almost every sector across Australia's economy, including the mortgage...

Kiwibank goes against the tide as major banks follow ASB

Business & Trade Michael Alfonsia -
AUCKLAND (CU)_Last week, ahead of the central bank's announcement on the OCR, the Auckland Savings Bank (ASB) decided to...

House-flipping a threat to potential buyers in Montreal

Business & Trade Michael Alfonsia -
MONTREAL, Québec (CU)_A recent report issued by the Canada Mortgage and Housing Corporation (CMHC) has revealed that house-flipping is...