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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.
Mortgage Choice national corporate affairs manager Warren O’Rourke said the figures suggest “consumers are less concerned about rates compared with a year earlier".
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Published: 16-04-08
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