Mortgage Brokers finding a new niche in commercial loans - 2004-03-03
Mortgage brokers are expected tobecome a more powerful force in the business banking industry this year, with most major lenders puts an increased focus on sourcing new business through intermediaries.

The broker "channel" is becoming more important to lenders as competition intensifies for small to medium-sized enterprise borrowers, and mortgage brokers look for business to replace a predicted slowdown in mortgage growth.
Read the full story at Financial Review

Sydney house prices drops 2pc from Dec levels - 2004-03-03
Sydney house prices decreased 2 per cent in February versus December levels and the February 2004 auction clearance rate was 60 per cent, CPM Research reported today.

The Reserve Bank of Australia left interest rates on hold today. Standard variable mortgage rates remain around 7.07 per cent.
Read the full story at Financial Review