Strong house prices rebound impacting affordability
THE sharp rise in mortgage rates and increasing home prices have driven…
Approvals fall further as high costs discourage property developers
HOUSING lending and building approvals were down in July, with housing lending…
Almost 30pc of home borrowers at risk of mortgage stress
A RECORD 1.5 million Australians, or 29.2% of mortgage holders across the…
AFG profit weakens after tougher than expected conditions
IN line with much of the non-bank sector, Australian Finance Group (ASX:…
NAB pledges $6bn to affordable housing by decade’s end
NATIONAL Australia Bank chief executive Ross McEwan has declared NAB wants to…
Westpac reports rise in stressed assets and mortgage delinquencies
MAJOR lender Westpac reported a $1.8 billion third-quarter profit, in line with…
Fixed-rate mortgage cliff will peak this month
THE forecast peak of the fixed-rate cliff has arrived, with the three-month…
CBA books $10bn profit but loan impairments climb more than 10pc
AUSTRALIA'S largest lender Commonwealth Bank (ASX: CBA) reported a record $10.164 billion…
New home loan activity sinks 20pc
FEWER Australians took out new mortgages over FY23, as loan activity sank…
Building approvals and home lending go backwards
NATIONALLY, both home commitments and building approvals were down over June, after…
