While refinancing is on the rise, many consumers are failing to see benefits from it, the MFAA has claimed.
The debt deal cleared a hurdle, but now Washington needs to address the real problem.
The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010, while the number of jobs created by the private sector also slowed, separate reports showed on Wednesday.
The Reserve Bank has left the official cash rate on hold, but has expressed concern over rising inflation.
Lenders may be caught out by a technicality in the freshly drafted disclosure regime, requiring them to publish mortgage manager rates.
The furore over consumer group Choice's mortgage switching campaign may be a "storm in a teacup" according to one broker.
The U.S.' debt woes still threaten the global economy despite a last-minute deal struck by the White House and political party leaders, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
The United States' debt woes still threaten the global economy despite a last-minute deal struck by Congress, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
The United States' debt woes still threaten the global economy despite a last-minute deal struck by Congress, China's main official newspaper said on Tuesday, nonetheless adding there was no short-term escape from the dominance of the dollar.
A former Trust Company of the West employee intentionally snuck confidential data out of the company and misled investigators who tried to recover it, a former TCW senior vice president testified.
High inflation and soaring real estate prices have thrown thousands of residents into dire straits.
St. George head of intermediary distribution Steven Heavey has announced his resignation, only days after his involvement in the launch of Westpac's rebadged Bank of Melbourne brand in Victoria.
High inflation and soaring real estate prices have thrown thousands of residents into dire straits.
The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country's $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. It all means the United States could face the possibility of defaulting on its debt and losing its prized triple-A credit rating.
As Congress remains locked in a bitter stalemate, the White House is quietly working to prioritize its financial obligations in preparation for the possibility that the government will no longer borrow money to pay its bills.
Bank of America was sued by 15 former Countrywide Financial institutional investors who said they lost money after being misled about the mortgage lender's financial condition and lending practices.
St. George head of intermediary distribution Steven Heavey has announced his resignation, only days after his involvement in the launch of Westpac's re-organised Bank of Melbourne brand in Victoria.
Four IPOs were received with varying levels of interest on their market debut, signaling that investors were being very selective of where they want to put their money.
Lawmakers are eyeing a popular tax deduction for mortgage interest as they look for ways to fill record budget deficits, although any changes are likely to await a broad reworking of the tax code.
"Mystic River" author Dennis Lehane attributes the success of his books on the silver screen to his characters, which he says attract the attention of good actors.
MERS, the electronic mortgage registry that faces multiple investigations for its role in thousands of problematic foreclosure cases, changed its rules to lower its profile in court-supervised foreclosures.
Housing in Australia has become "severely unaffordable", and it will take 10 years of flat-lined prices to rectify, a study has found.
