AUSTRALIAN MORTGAGE News, Sports, Shopping, Travel information

REFI 4.00% / 4.375% APR on 7/2/09
Ameripath Mortgage offers today's record low refi rates. With your good credit and home equity we can help in: AL, AZ, CA, CT, FL, GA, HI, MD, MA, MN, MO, NY, OR, SC, TX, WA.
www.amclend.com

Firstmac:hopes To Participate In Australia Govt Rmbs Program - Wall Street Journal
canberra (dow jones)--australian mortgage finance lender firstmac said friday it hopes to participate in a multibillion dollar plan by the federal labor government to invest in residential mortgage-backed securities. "firstmac applauds this ...
online.wsj.com

Press Release: Fitch To Answer Faqs On australian Mortgages
fitch ratings-london/sydney/brisbane-20 october 2008: fitch ratings will hold a teleconference on wednesday 22 october at 11:30 bst to answer frequently asked questions about australian mortgage insurance.
www.nasdaq.com

Aussie Mortgage Fund Set To Freeze Redemptions : Report
australia's largest mortgage fund, challenger howard, is set to freeze investor redemptions following a rush of withdrawals sparked by the government's guarantee of bank deposits, a report said tuesday.
ph.news.yahoo.com

Australian Minister Says Deposits Guarantee Helps Lower Rates - Xinhua News Agency
canberra, oct. 21 (xinhua) -- australian treasurer wayne swan said here on tuesday the government's deposits guarantee had been a factor in banks lowering interest rates. the four big banks have all lowered their mortgage rates by around 0.2 ...
news.xinhuanet.com

Aussie Banks Tap Mortgage Debt For Cenbank Cash - Cnbc
sydney, oct 17 (reuters) - australian banks are increasingly looking to internally securitise residential mortgage-backed securities as a way to access cash from the reserve bank of australia (rba) in an otherwise logjammed money market. bankers have ...
www.cnbc.com

Press Release: Fitch Downgrades 6 Tranches Of Australian Rmbs
fitch ratings-london/sydney/singapore-20 october 2008: fitch ratings has today downgraded 6 subordinated tranches of australian rmbs to 'aa-' (aa minus) from 'aa', and removed them from rating watch negative (rwn). the outlook assigned is negative.
www.nasdaq.com

Ing Bank Unit Internally Securitises A$7.5 Bn Rmbs
ing bank's australian unit has internally securitised a$7.5 billion ($5.27 billion) of residential mortgage-backed securities (rmbs).
economictimes.indiatimes.com

Resource Demand From China Will Hold Up: Economist - The Age
the global economic slowdown may curb demand for chinese exports, but strong domestic growth means the country's thirst for australian resources will continue, according to a leading economist. a day after new data indicated growth in china had ...
business.theage.com.au

Update 1-australia's Firstmac Prices A$172 Mln Rmbs - Cnbc
sydney, oct 17 (reuters) - australian non-bank mortgage lender firstmac has priced an issue of a$172 million ($116 million) of residential mortgage-backed securities (rmbs), a market source said on friday. the a$152 million triple a tranche of the ...
www.cnbc.com

Mortgage Trusts 'leak Funds'
a warning has been sounded about the multi-billion-dollar mortgage trust sector, with most rated trusts leaking funds, according to lonsec.
theaustralian.news.com.au

Australian Market Trades Higher
(rttnews) - the australian stock market was trading higher monday on bargain hunting following recent losses.
www.nasdaq.com

Australia's Firstmac To Sell A$175 Mln Rmbs Soon - Forbes
sydney, oct 15 (reuters) - australian non-bank mortgage lender firstmac expects to refinance a$175 million ($122.5 million) of residential mortgage-backed securities (rmbs) this week or next, a company official said on wednesday. australia & new ...
www.forbes.com

Firstfolio Ponders $11.5bn Mortgage Loan Book - The Australian
firstfolio ltd said the nsw-based domain had a $1 billion mortgage-managed loan portfolio, and its “acquisition will lift the value of the firstfolio mortgage loan book above $11.5 billion”. the acquisition would also increase firstfolio's ...
www.theaustralian.news.com.au

Australian Stocks Close 4pc Higher
australian shares held on to early gains to finish more than 4 per cent higher today, posting their first rise in four sessions.
theaustralian.news.com.au

Rba Chief Supports Australian Govt.'s Deposit Guarantee
(rttnews) - tuesday, glenn stevens, the governor of the reserve bank of australia said he supports the government's decision to guarantee bank deposits as a precaution to calm public anxiety over the security of their savings.
news.ino.com

Factbox-financial Rescue Plans By G7 And Other Countries - Forbes
united states - oct 21 (reuters) - governments around the world are announcing rescue plans to support banks and unfreeze credit markets. over $3 trillion has been committed to bailing out the financial sector, while regulatory reforms loom and signs ...
www.forbes.com

Anz Breaks Ranks, Cuts Mortgage Rates By 25bp - News.com.au
anz has broken ranks with its rivals, slashing home loan rates by 25 basis points in the midst of the global credit crisis. all the major banks this month failed to pass on the reserve bank’s full 100 point rate cut, instead reducing home loan ...
www.news.com.au

Australian Stocks Face Mixed Open
australian stocks are expected to open mixed or slightly lower this morning after wall street rejected europe's positive lead and closed the week lower amid volatile trading.
news.com.au

Banks Race To Drop Rates In Mortgage Price War
a price war in australia’s mortgage market is under way with national australia bank yesterday following anz and aussie home loans in reducing its home loan interest rates. nab announced it would
www.thewest.com.au

Ing Bank Unit Internally Securitises A$7.5 Bn Rmbs - Economic Times
sydney: ing bank's australian unit has internally securitised a$7.5 billion ($5.27 billion) of residential mortgage-backed securities (rmbs), it said on tuesday, to give it greater access to liquidity. ing is the latest in a string of institutions in ...
economictimes.indiatimes.com