Articles tagged with "Mortgage Trends"

The New Zealand financial landscape is changing. The concentration on compliance and responsible lending is pivoting institutions away from simply fighting for home loans to increase market share and profitability.

The overhead of delivering better consumer experiences, shorter and lower cost turnaround times whilst dealing with the raft of increasingly stringent regulatory requirements is making the mortgage lending space feel more frenetic than ever before.

Despite a range of factor supporting first home buyer demand, including grants, stamp duty exemptions and improved housing affordability, there is a strong chance first time buyer numbers will start to drift lower as housing prices rise and...

Most Australians could well assume that recent falls in housing values have translated into more affordable housing. Lower prices, after all, should equate to better affordability.

When discussing housing affordability older Australian tend to point to much higher interest rates in the past as being a challenge while for younger Australians, higher property values are seen as the biggest barrier to home ownership.

<p>The judgement in the landmark case between ASIC and Westpac was handed down earlier this week. ASIC had taken Westpac to court for breaching responsible lending laws more than 250,000 times by using the household expenditure measure (HEM) when...

The latest data from the Australian Prudential Regulation Authority (APRA) on property exposures data from authorised deposit-taking institutions (ADIs) shows that the tougher lending policies of recent years continue to reduce mortgage risks.

Earlier today the Australian Prudential Regulation Authority (APRA) issued a letter to all authorised deposit-taking institutions (ADI) regarding consultation on revisions to prudential practice guide APG 223 residential mortgage lending.

Following last week’s 10 year retrospective on capital city home value growth we undertake a comparison with the rental growth performance over the same period.

It is often commented that in Australia property values double every 10 (some say 7) years. This week we look at whether this has been the case over the past 10 years across the capital cities.

Following ongoing increases in the annual rate of growth since March 2013, investor housing credit has fallen in July, does this mark the start of the much vaunted slowdown in investor credit growth?

The annual rate of growth in housing credit has started to stall over recent months and with the banks tightening their lending criteria where will it go from here?

On the back of low mortgage rates and rising home values the level of household and housing debt is continuing to increase.

Although Sydney and Melbourne home values are recording strong levels of capital growth currently, the rate of growth is much slower than that recorded between the ‘boom’ period of 2001 and 2004.

The level of investment in the housing market has reached new heights over the past year however, it has been New South Wales where domestic investors continue to largely focus.