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Data released by Mortgage Choice today showed that borrower demand for fixed-rate home loans is slowing.
According to the brokerage group, demand for fixed-rate loans fell nationally in March to 33 per cent of total approvals, down from 37 per cent in February and the six month average of 36 per cent.
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Mortgage Choice national corporate affairs manager Warren O’Rourke said the figures suggest “consumers are less concerned about rates compared with a year earlier".
Published: 16-04-08
