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Current under-building to leave decade long housing shortage
by Staff Reporter • 5 Jun 2008
The data provider’s Australian Construction Outlook 2008 – Residential Building report forecast that... READ MORE
May mortgage sales reveal plummeting borrower confidence
by Staff Reporter • 5 Jun 2008
During May mortgage sales fell to 6,691 – the lowest amount recorded since AFG’s Mortgage Index... READ MORE
Queensland budget delivers measures to improve affordability
by Staff Reporter • 4 Jun 2008
The Queensland budget announced several new measures to address affordability and promote equality in the market,... READ MORE
American housing markets suffer price declines
by Staff Reporter • 3 Jun 2008
According to the economic and financial analyst, 262 of 330 housing markets experienced declines during the first... READ MORE
Private sector credit slows in April
by Staff Reporter • 2 Jun 2008
The small increase in private sector lending was half of that recorded in March, and the lowest monthly increase in... READ MORE
Mortgage stress low overall but high in certain postcodes
by Staff Reporter • 30 May 2008
The Australian Mortgage Delinquency by Postcode report, released by the ratings agency today, indicated that on a... READ MORE
Opportunity beckons for property investors
by Staff Reporter • 29 May 2008
Market conditions are likely to remain somewhat flatter for some time, which will create strong investment... READ MORE
Almost 40pc of income needed to cover mortgage payments
by Staff Reporter • 29 May 2008
Home loan affordability has now deteriorated by 8.7 per cent in the year to March and is the most unaffordable in the... READ MORE
Bouris to buy back Wizard
by Staff Reporter • 26 May 2008
According to The Australian, Mr Bouris has “asked GE Money to pay him millions of dollars upfront to run the... READ MORE
First quarter slide for housing markets
by Staff Reporter • 26 May 2008
According to the REIA, house prices in Melbourne and Canberra fell the most during the quarter, while Sydney and... READ MORE
Borrowers apprehensive about refinancing
by Staff Reporter • 22 May 2008
“Nearly half of the respondents from our survey said that they expected to refinance in the next three months... READ MORE
Affordability worsens for first home buyers
by Staff Reporter • 22 May 2008
Average monthly repayments for first home buyers now sit at $2,799, a rise of 4.4 per cent since the beginning of the... READ MORE
Mortgage delinquencies to increase: Fitch
by Staff Reporter • 21 May 2008
According to Fitch, the thirty-plus day delinquencies on prime mortgages increased to 1.31 per cent in the first... READ MORE
Borrowers escaped rate rise by skin of their teeth in May
by Staff Reporter • 21 May 2008
The minutes show that the RBA Board spent “considerable time” determining whether to raise interest rates... READ MORE
US housing starts experience April recovery
by Staff Reporter • 20 May 2008
While the figure was still 30.6 per cent below that of April 2007, it represented a significant 8.2 per cent rise... READ MORE
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