Mortgage and home loan interest rates are still moving down slighting as investors try to make sense of economic data, reported Yahoo!7...
2 days ago
Mortgage and home loan interest rates are still moving down slighting as investors try to make sense of economic data, reported Yahoo!7 Finance. 30-year fixed rate home loans fell to 3.73%, said Bankrate.com’s national survey of large lenders....7 days ago
First-home buyer activity is at near-record lows for the past nine years, according to data supplied by the Australian Bureau of Statistics (ABS). The ABS data showed that the total number of owner-occupied housing also fell by 1.5% in January 2013 w...7 days ago
Nearly one out of every three new home loan customers are choosing fixed rate home loans say Australian Finance Group (AFG). AFG claim to be Australia’s biggest mortgage broker, and said that 29.6% of new home loans in March were fixed — ...11 days ago
Growth in the number of home loan applications is expected despite numbers falling for January, after consumer confidence grew stronger as Australia waits for interest rate cuts to take effect. The Westpac/Melbourne institute index revealed that cons...35 days ago
Demand for housing is on the rise, reported News Ltd. The interest rate reductions in Australia over recent months have resulted in rising property prices rather than a boost for the construction industry and not much joy for the Reserve Bank of Aust...35 days ago
Reserve Bank of Australia (RBA) figures show Australians are utilising current low interest rates to get 14% ahead on their mortgages. In a report by News Limited, the Westpac chief product officer, David Lindberg, said that the average customer is p...36 days ago
The Reserve Bank of Australia (RBA) has been called upon to lower the cash interest rate in an article in The Age. The article argued for the lowering based on a number of reasons:...69 days ago
The numbers of borrowers living with financial payment arrears of 30 days or more has decreased to 1.36% according to The Australian. Amid concern of bad debts, this is a positive sign for banks. The Reserve Bank of Australia’s (RBA) interest rate ...69 days ago
Hopes for a recovery in the housing sector have been dampened after the number of people taking out home loans fell by a further 1.5%. This is the third straight fall in figures released by the Australian Bureau of Statistics. In dollar terms, the va...69 days ago
A recent discussion on ABC business in Australia focused on how much money the big banks in Australia are making from current home loans. Experts from the Investment bank UBS warned the Australian big banks will come under pressure to reduce their ho...