Nottingham Building Society has introduced sale of mortgage property (SOMP) as an approved method of repayment for interest-only mortgages. The society says this opens up new opportunities for brokers ...
It’s been a busy week at the Reserve Bank of Australia (RBA). On Tuesday, the bank delivered its May interest rate decision, leaving the cash rate unchanged at 1.5% for a record-breaking 19th ...
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Even though I’ve had a bit more time to reflect on RBA Governor Glenn Stevens’ statement, I’m still rather perplexed. Yes, I know I’m a rather simple soul – most Yorkshiremen are – but reading through ...
The Reserve Bank Board meets next week on February 1. The Governor will be addressing the National Press Club on February 2 and the Bank will release its February Statement on Monetary Policy on ...
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