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2 in 5 Aussies do not understand LMI
More than two in five prospective home buyers have admitted to not understanding Lenders Mortgage Insurance (LMI), accor…
Just 5% FHBs bought with a guarantor
First home buyers are delaying or missing the opportunity to get into the property market by not engaging a guarantor on…
Seasonal factors behind drop in home loan demand
Home loan demand has fallen for the fourth consecutive month, according to new data from the Australian Bureau of Statis…
More borrowers choosing variable rate mortgages
More borrowers are opting for variable rate mortgages, as demand for fixed rate home loan products wanes, new data from…
RBA anchors rate
The Reserve Bank anchored the official cash rate at the record low of 1.5% yet again today, creating a new record for th…
3 in 10 home buyers turning to mortgage brokers
Home buyers are increasingly seeking the expertise of professional mortgage brokers, according to new data.
Home loan demand drops third month in a row
Home loan demand has fallen for the third consecutive month, according to new data from the Australian Bureau of Statist…
1 in 5 borrowers opt for fixed mortgages
Despite a small drop in demand, fixed rate mortgages still accounted for more than one in every five home loans written…
Resignation and Appointment of Chief Executive Officer
Mortgage Choice Limited (MOC.ASX) advises the resignation of John Flavell as Chief Executive Officer effective 3 April 2…
Interest-only loans out of vogue with borrowers
Demand for interest-only loans has dropped significantly across the country since this time last year, according to new…
Home loan demand falls again
Home loan demand fell again in January, according to new data by the Australian Bureau of Statistics.
Steady as she goes, the RBA holds the cash rate again
The Reserve Bank of Australia has decided to leave the official cash rate on hold once again.
Fixed rate demand falls again
Demand for fixed rate home loans has fallen for the sixth month consecutive month, new data has revealed.
More than 50% of Aussies fail to review their finances
More than half of Australians are failing to monitor their finances on a weekly basis, new data shows.