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Home owners are opting to renovate their homes instead of selling due to affordability constraints, Aussie Home Loans research has indicated.

Housing affordability has declined to its worst level in three decades, PropTrack research has revealed.

The first week of spring saw slightly higher auction results than the week prior but was still a softer-than-expected start to September.

Australia’s major banks have all called a cash rate pause during tomorrow’s monetary policy meeting.

The value of refinancing once again soared to new heights amid strong competition in the mortgage market.

Two customer-owned lenders have announced that they intend to merge, with member votes expected later this year.

A book of approximately NZ$1.4 billion prime New Zealand mortgages have been bought by the non-bank lender from HSBC.

The practice of ‘screen scraping’ is under scrutiny, following recommendations to axe it.

Australia’s banks issued just under $3 billion in owner-occupied mortgages in July, two thirds less than the month before, according to new data.

The e-conveyancer that holds over 88 per cent of market share said no other industry had been “pieced back together” by interoperability.

The government’s efforts to improve housing supply are yet to appear in dwellings approval data, HIA’s senior economist has said.

After achieving its strongest-ever loan book growth in the financial year 2023, partly driven by brokers, the lender has said it will look to achieve ‘modest growth’ in FY24.

The non-bank has priced a $850 million residential mortgage-backed security transaction, which will be used to support its non-conforming mortgage business growth.

July’s annual CPI increase fell from the previous month below economist and market expectations, the latest ABS data has revealed.

The non-bank lender has said it is targeting $1 billion in asset finance settlements in the financial year 2024, along with greater operational efficiency and digital transformation.