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Mortgage News

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The need for speed could leave major lenders in a pickle

SYDNEY (CU)_There are two main factors which customers consider when taking a mortgage. The first and the most obvious is the price. A close...

A material deterioration in lending standards…

MELBOURNE (CU)_Over the past few months, house prices in Australia have been escalating at record levels, reaching a 19 per cent increase from pre-pandemic...

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

WELLINGTON (CU)_Over the past decade, house prices in New Zealand have reported a noteworthy escalation. This was particularly exacerbate throughout the recent years, with...

Investors taking advantage of record low interest rates in Australia

SYDNEY (CU)_During the 12 months ending in August, median home prices in Australia escalated to 18.4 per cent, the fastest growth rate in more...

Bank of Canada has found itself in a tight spot

OTTAWA (CU)_Over the recent months, the housing crisis in Canada has been making headlines, particularly amid a host of promises made by political leaders...

Proposed reforms could backfire

OTTAWA (CU)_With the 2021 federal election scheduled to be held later his month, Canadian Prime Minister Justin Trudeau’s Liberal Party is seeking a third...

Chief of Senate Committee on Housing ‘happy with what we’ve seen so far’

LAGOS (CU)_A top innovative real estate company has launched a major project to assist Nigerians who hope to access affordable housing through the National...

ANZ takes a U-turn on rate hike

WELLINGTON (CU)_Just a week ago, the Australia and New Zealand Banking Group (ANZ) increased its interest rates, ahead of the much-anticipated raise in the...

New data offers hope for Australian homebuyers

CANBERRA (CU)_Following the Reserve Bank of Australia's monthly board meeting in early July, Governor Phillip Lowe expressed hope for a “positive path” following the...

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,...
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