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More construction needed: RBA

by Staff Reporter • 11 Mar 2010
RBA assistant governor Phillip Lowe said if the nation's population growth remained strong, more of the economy would... READ MORE

Borrowers feel pain of rate rises

by Staff Reporter • 11 Mar 2010
Data from the Australian Bureau of Statistics (ABS) showed home loan approvals dropped in January –the fourth... READ MORE

Investors lead mortgage lending

by Staff Reporter • 10 Mar 2010
According to AFG’s latest mortgage index, 34.1 per cent of all mortgages arranged nationally in February were for... READ MORE

Cash-strapped FHBs feel the pinch

by Staff Reporter • 9 Mar 2010
According to a broker survey conducted by Loan Market Group, 86 per cent of brokers said a lack of genuine savings was... READ MORE

ING DIRECT moves to improve mortgage conversion rate

by Staff Reporter • 5 Mar 2010
Under the changes, pre-approval applications will no longer be used in conversion calculations and a conversion period... READ MORE

Housing affordability returns to long-term average

by Staff Reporter • 5 Mar 2010
According to Rismark’s December Quarter National Accounts report, the average Australian home price across all metro... READ MORE

RBA governor optimistic about economy

by Staff Reporter • 2 Mar 2010
Speaking at a business forum in Melbourne, Mr Stevens said despite the immense challenges facing the United States,... READ MORE

Mortgage applications, consumer confidence drops in US

by Staff Reporter • 25 Feb 2010
Last week the US central bank increased the rate it charges banks for loans in a sign that it is moving to drain some... READ MORE

Foreign investment could lead to housing bubble: Professor

by Staff Reporter • 24 Feb 2010
According to Mr Keen, the softer laws could create a ‘housing bubble’, with apparent demand from overseas... READ MORE

Housing affordability slumps

by Staff Reporter • 23 Feb 2010
According to the HIA-CBA First Home Buyer Affordability Report, released yesterday, housing affordability tanked in... READ MORE

Borrowers take bigger loans than 5 years ago

by Staff Reporter • 22 Feb 2010
According to the RBA, total housing debt hit $910.1 billion in December, up 92 per cent since December 2004. Housing... READ MORE

FHB activity breaks record

by Staff Reporter • 18 Feb 2010
According to the latest Property Pulse report, owner occupiers took out finance for approximately 739,000 dwellings,... READ MORE

RBA could hold rates in March

by Staff Reporter • 17 Feb 2010
According to the Reserve Bank’s 2 February board meeting minutes, while the housing market remained “fairly... READ MORE

FHBs dig debt hole

by Staff Reporter • 16 Feb 2010
During December 2009, the average loan size increased by $6,200 for first home buyers to $290,100. RateCity chief... READ MORE

FHBs down but not out

by Staff Reporter • 12 Feb 2010
According to Aussie Home Loans founder and executive chairman John Symond, first home buyers who missed the... READ MORE
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