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California real estate sales now deemed ‘essential’ industry

The real estate industry, struggling with coronavirus-linked limitations, got a boost with its sales business reclassified as an “essential” industry.

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Missoula real estate agents see slight dip in activity

It doesn’t appear that the slowing local and national economy has had much of an effect on the Missoula, Mont., real estate market yet, which…

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Macquarie shields borrowers’ credit scores

Macquarie appears to be the first Australian bank to introduce measures that will shield the credit scores of home borrowers who miss loan repayments during…

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Major banks agree to repayments holiday in NZ

The Kiwi subsidiaries of Australia’s four big banks yesterday agreed to a loan repayment holiday for mortgage and business borrowers for the next six months.

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Lenders slow to move on mortgage rates

Mortgage lenders are still catching up with the cash rate cut announced on March 3, with many yet to respond to last week’s RBA announcement…

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L&G backs reverse mortgage minnow

UK financial services group Legal & General has acquired a 20 per cent stake in local reverse mortgage start-up Household Capital.

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January peak in mortgage growth

The mortgage market kicked ahead in January, with the Australian Bureau of Statistics reporting new housing finance commitments grew at their fastest rate since lending…

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Investors back in the mortgage market

Lending to residential property investors is back in positive territory in the Reserve Bank’s lending data for the first time since December 2018.

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Resimac keeps the momentum going

Mortgage lender Resimac enjoyed very strong growth in loan settlements and the value of its loan book during the December half, helping the company to…

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Regulatory changes hit comparison site revenues

Comparison site company iSelect suffered a number of hits to its revenue base during the December 2019 half, as new energy regulations took effect and…

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