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    Market Wrap – March 2016

    Market Wrap – March 2016
    Mortgage Market Wrap By David Harris, March 01, 2016   Late last year I talked about the changing nature of the mortgage market, particularly in respect to changes brought about by the Australian Prudential Regulation Authority (APRA). Well, the market is still constantly changing, however, we are seeing a few lenders loosen up on investment…
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    ANZ CEO on Mortgage Brokers

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    ANZ chief has firm eye on mortgage brokers Written by James Mitchell May 04, 2016 ANZ chief executive Shayne Elliott has explained the significance of the third-party channel to the group's home lending business, noting that brokers provide far bigger mortgages than its proprietary channels. Mr Elliott says one of the main reasons the third-party…
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    Is this the last rate cut for 2015 (May 2015)

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    May 5th, 2015 IS THIS THE LAST RATE CUT FOR 2015? Economists say yes! RBA Commentary for May 2015 Economists are predicting that 2 percent is as low as the Reserve Bank of Australia (RBA) will go, at least for 2015. More rate cuts could come in 2016, but this hinges on the economy maintaining…
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    Housing Affordability
    Housing affordability improves in March quarter Housing affordability improved in the March 2016 quarter according to the latest REIA/Adelaide Bank Housing Affordability Report. The Report shows that in the March quarter, the proportion of income required to meet loan repayments decreased by 2.4% to 30.0%. “The first three months of the year brought good news…
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