Result Page 7 for Latest Real Estate News & Archive

Avoid 'Old School' Approach to Low-Doc

Too many brokers have an "old school" approach to low-doc lending, a broker specialising in the loans has said.

Aussie Home Buying Trend: More Rentals than Home Buyers

The Australia Statistics Bureau showed that during the period 2000 to 2011, renting outpaced home ownership in the country.

UK and US Face Buy to Let Boom Hand in Hand

We always talk about the special partnership between the UK and US, and we all know that it will scarcely ever be as "special" as it was between Bush and Blair, at least not until sufficient time to have past for us all to have forgotten the lies Blair told during the time that he was being operated from behind by Bush, but that is another article.

Sri Lanka to Scrap 100% Tax on Foreign Land Buys

The Sri Lankan government is scrapping the 100% tax levied on foreigners buying land, in favour of a new special land tax to be unveiled in the 2012 budget.

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Aussies Poised, But In No Hurry to Buy

Aussie consumers have no plans to jump into the property market, even though savings are up and mortgage stress is down.

Westpac Brands, Citi Trim Fixed Pricing

More banks have made cuts to their fixed rate product suites, with one lender discounting below 6%.

No 'Dancing Girls', but Adelaide to Put Brokers Centre Stage

Adelaide Bank's rebrand won't be 'dancing girls and elephancts', but it will promote broker use, Damian Percy has said.

Heritage Turns to Brokers for Expansion

Heritage Building Society is coupling its rebranding as a bank with widespread mortgage broker distribution.

Commercial Simpler Than You Think: Sintex

Most brokers can't believe how simple vanilla commercial lending can be, and may easily be able add this new income stream to their home loan business, it has been claimed.

Watchdog Set to Rule on CBA Takeover Bid

The ACCC is set to rule this week on a proposed merger that would see CBA acquire a large stake in Mortgage Choice.

Melbourne Supplies Australia’s Top Broker

Melbourne-based adviser Mark Davis has topped MPA’s Top 100 Broker list after settling a staggering $170m of home loans in 2010/11.

Eight Months to Clear Housing Overhang

Unsold housing stock is nearing record levels, and would take nearly eight months to clear.

Melbourne Supplies Australia’s Top Broker

Melbourne-based adviser Mark Davis has topped MPA’s Top 100 Broker list after settling a staggering $170m of home loans in 2010/11.

Home Loan Numbers Mask Weak Demand

Housing finance edged up in September, but a housing group has claimed the result masks weak demand for new homes.

Australia's Housing Finance Commitments Picks Up

Australian Bureau of Statistics (ABS) housing finance figures for September 2011 show in trend terms that the number of finance commitments increased for the fifth consecutive month; the September increase was 1.2 percent.

Rate Cut Yields 'Massive Increase' for Top Broker

The Melbourne Cup RBA rate cut has already filtered through to a massive increase in customer enquiries, a WA broker has said.

Economic headwinds unlikely to abate: CBA

Next year is unlikely to see the heralded return of credit demand, Commonwealth Bank has indicated.

First Homebuyers 'Dominate' Enquiries

First homebuyers are dominating mortgage enquiries, a broker has claimed.

Residential Property Sales Outlook Looking Good in Sydney

The outlook is promising for residential real estate in Sydney in 2012. Business research and forecasting firm BIS Shrapnel says Sydney's housing market is set to regain momentum next year after a slump in 2010-11 following interest rate rises and slow economic growth.

Think Through Fee-for-Service First: Bromley

More thought needs to be put into the practice and implications of an industry move to fee-for-service, according to LJ Hooker Finance's general manager Peter Bromley.

Vienna’s Property Prices Escalate!

House prices in Austria are continuing to rise rapidly, fuelled by strong economic growth and declining mortgage interest rates.

Difficult Conditions Here to Stay: ANZ

ANZ has announced a $5.36bn full-year statutory profit, but said difficult business conditions will be here "for some time".

First Homebuyers Flood Back to Market

First home buyers are heading back to the market in droves, new figures suggest.

US Economy: Fed Meets, Sits

Unfortunately for the US Fed, its two day meeting which wrapped up this morning won't have much influence on the outlook for the US economy.

APRA Issues Stern Warning on Credit Standards

APRA has warned lenders on loosening credit standards in the face of weak mortgage demand.

RBA Rate cut First Test of DEF Ban

Firstfolio has predicted the RBA rate cut will be a "litmus test" for the government's unilateral ban on exit fees.

London Property Still Prohibitively Out of Reach for First Time Buyers

For the last few years, the London property market has been one of the most talked about in the world. Before the crash it was talked about because of the rapid rate at which property prices were growing, especially prime properties, and the fact that first time buyers were being priced out of the market.

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