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Articles on Home loans

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Mortgage broker home loans are riskier than those from banks. monkeyc.net/Flickr

To tackle risk, address how mortgage brokers are paid

Heightened competition among home lenders has prompted the banking regulator to issue a reminder of what constitutes prudent lending, but its suggestion that loans being generated by mortgage brokers should…
An increasing number of consumers choose a broker over going direct to a bank for their home loan. Dan Peled/AAP

Looking for a home loan? Choose from one of these four options…

Over 40% of mortgages in Australia are sold by mortgage brokers, not by their manufacturers - an issue that has the CEO of Australia’s fifth largest bank, Suncorp, arguing the sector is skewed towards…
Prior to the global financial crisis, 100% loans were commonplace in Australia. Casey Konstantin/Flickr

Risk on? Australian banks skirt unofficial home lending limits

Australian banks are much more heavily exposed to mortgage lending than banks in most parts of the world, which is why the latest publication of APRA data on home lending has set the hares running. The…
Yellow Brick Road and Macquarie Bank plan to offer mortgages against the Big Four banks - but the market will need a lot more information than so far released. Sam Howzit/Flickr

Down the Yellow Brick Road - or up the garden path?

Wealth management company Yellow Brick Road and Macquarie Bank have foreshadowed some sort of relationship which will provide a “much-needed alternative for Australian consumers” with the first step being…

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