The managing director of a national brokerage has reassured brokers that the industry is “many years away” from robo-advice mortgages, adding that anyone who thinks otherwise “doesn’t have the full facts”. Following on from widely lambasted claims by UBS analysts that a mortgage is a “simple, commoditised product” and could therefore “be easily provided by robo-advice”, MoneyQuest […]
A new study shows where Australians under 30 want to live, as well as the country’s most popular state or territory, by analyzing mortgage applications. According to research by credit scoring and information service Credit Simple, Queensland is the most popular state for mortgage applications by people under 30. Breaking down each state and territory […]
Australian mortgage brokers have broken new records, bringing in $49.46bn worth of residential home loans through the June 2017 quarter. This figure, which comes from the Mortgage & Finance Association of Australia’s (MFAA’s) latest quarterly industry survey, shows a growth in loan settlements of $3.4bn between the March and June quarters this year. The research […]
Housing Minister Peter Tinley says Perth property prices are ‘still too high’ HOUSING Minister Peter Tinley will today outline how lower-income earners are continuing to be priced out of the Perth property market despite a softening in values. Mr Tinley will give the keynote address at the launch of the Committee for Economic Development Australia’s […]
With more and more first home buyers recognizing the value in the Perth market and deciding now is a good time to purchase, it is an opportune time to discuss a guarantor home loan. Many first home buyers would purchase their first home, but a very large number cannot as they do not have a […]