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Home...Mortgage News

Mortgage News – Page 282

Market Watch: Price growth subdued ahead of bank rate cuts

Analysts report little change in property prices… Mining towns suffer price crash, but there is an upside… New lots in WA highest for 6 years… Melbourne auctions lack the heat of Sydney…

10 Feb, 2015

Market Watch: Auctions feel the effects of rate cut

Sydney’s property auctions were busy over the weekend with the cut in interest rates boosting clearance rates… Home values increase little after inflation… Move to curb foreign investment in property won’t work… Bendigo announces rate cut…

09 Feb, 2015

Market Watch: Household debt worsens

ANZ and NAB announce rate cuts… Strong start for new home sales… REIA says government must retain negative gearing… Australia’s household debt causes concern…

06 Feb, 2015

IMB, Bankwest offer full rate cut

Two more lenders have lowered their standard variable rates (SVR) by 0.25%, following the rate cut announcement by the Reserve Bank of Australia this week.

06 Feb, 2015

NAB cuts rate to lowest in nearly 40 years

The National Australia Bank (NAB) has cut its standard variable rate for home loans by 0.25% to 5.63%.

05 Feb, 2015

RBA’s property assessment accurate, REIA says

The Real Estate Institute of Australia (REIA), commends the Reserve Bank of Australia (RBA) for its rate cut announcement and “accurate assessment of the property market”.

05 Feb, 2015

Sydney, Melbourne, Hobart property markets jump, data shows

Dwelling values in Sydney and Melbourne have soared by 1.3%, the latest home value index from Core Logic RP Data shows.

05 Feb, 2015

More lenders publish lower rates

More Australian lenders have followed major banks Commonwealth Bank and Westpac, by introducing lowered rates.

05 Feb, 2015

HIA December report shows drop in new home sales

The latest data from the Housing Industry Association’s (HIA) New Home Sales Report has revealed a dip in new home sales by 1.9% in December, in particular a big drop in demand for units.

05 Feb, 2015

Commonwealth Bank follows RBA rate cut

The Commonwealth Bank has announced its full rate cut of 25 basis points, following the Reserve Bank of Australia’s move this week.

05 Feb, 2015

Market Watch: Housing industry reacts to RBA rate cut

The housing industry has been reacting to the Reserve Bank of Australia’s cut in interest rates… Realtors’ body says rate cut must be passed on by lenders… There are more first-home buyers than we thought...

04 Feb, 2015

Budgewoi’s high mortgage delinquencies improving

​A recent report by Fitch Ratings has named Budgewoi as one of the most consistent suburbs to fall under the worst performing list for value of mortgage delinquencies in Australia – but figures seem to be improving lately.

03 Feb, 2015

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