mortgages

The major bank has revealed that the majority of its home loan customers are ahead of their mortgage repayments.

Total loan books for Australia’s banks continued to rise in June, remaining above the $2.1 trillion recorded in May, new APRA stats have revealed.

The median income to service a new mortgage has reached a record high for the series, the ANZ and CoreLogic’s new report has found.

The chief executive of the major bank has expressed confidence that enhanced broker experience and efficient turnaround times would contribute to gaining market share.

Borrowers are being cautioned about the financial costs of taking out 40-year mortgages, despite lower monthly repayments.

Around $133 billion of new home loans were funded by banks in the first three months of the year, a drop of nearly 9 per cent, new APRA stats show.

The non-bank lender has announced two new products, including a loan for investors purchasing commercial properties, as it continues to broaden its offering.

The non-major bank has confirmed the first phase of its digital mortgages roll-out is set to begin later this year.

Low use of AI in the mortgage space highlights possible caution among borrowers.

APRA has released its monthly ADI data. Trends point to stronger growth in business loans among the majors than owner-occupier or investor loans.

Tax time is almost here and many will be wrapping their heads around which deductions to claim. Brokers should encourage clients to reach out to accountants to provide a more comprehensive ...

A recent example from the US has highlighted the growing acceptance of cryptocurrency and begs the question: will Australia follow suit?

The mutual bank has announced an expansion of its loan terms with the goal of providing first home buyers (FHBs) with a more affordable option.

Innovation and technological development in mortgages have ranged from the truly groundbreaking to the ineffective, but three key areas require continuous expansion, according to DocuScan ...

The recent ordering of two US mortgage lenders to factor crypto wealth into serviceability has some speculating on the future of lending in Australia. A history of slow-to-act regulators is ...