Home Loans & Mortgages

Adelaide Bank’s shared equity home loan The Adelaide Bank is the first bank in Australia to launch a shared-equity home loan which could make property ownership easier, but analysts warn it could boost house prices. The Shared Equity Mortgage [Equity Finance Mortgage] is a home loan product that allows home owners to borrow as little [...]

The Commonwealth Bank Of Australia is the first bank in Australia to denounce the no deposit loan as not meeting their new tightened guidelines. But will that eventually come back as jingle mail to haunt them if other lenders won’t refinance their bad loans?

Bendigo Bank wants to expand wealth management with its $1.2 billion bid for wholesale customer darling Adelaide Bank. Bendigo and Adelaide, which hold the top two positions in Roy Morgan’s poll of banking customer satisfaction, will become a $4 billion company and break into the top 70 listed companies in Australia after the merger. Bendigo [...]

Adelaide Bank shareholders will need to approve a planned merger with the larger Bendigo Bank. The boards of the Adelaide and Bendigo banks have announced plans to merge. [Bendigo Bank is a regional community bank player, and Adelaide Bank is Australia's wholesale mortgage lender player, with 90 percent of its home loans done outside South [...]