Fixed Rate Demand Highest in Australia on Record
Fixed interest rate home loans have reached some of the highest levels of demand ever seen by Australians, reported Property Observer. The data, based on Mortgage Choice home loan application figures since the Global Financial Crisis, revealed a large number of people are requesting fixed interest rate home loans over variable.
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Fixed Rate Demand Highest in Australia on Record
May 17, 2013, 7:41 am -
UK February Mortgage Decline Greater Than January 2013
May 14, 2013, 5:57 pm -
Is RBA’s Fund for Banks and Financial Institutions Really a Rescue Package?
May 14, 2013, 2:11 pm
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Fixed Rate Demand Highest in Australia on Record
May 17 | Interest RatesFixed interest rate home loans have reached some of the highest levels of demand ever seen by Australians, reported Property Observer. The data, based on Mortgage Choice home loan application figures since the Global Financia...
UK February Mortgage Decline Greater Than January 2013
May 14 | Home LoansMortgage numbers in the United Kingdom fell again for February at a higher rate than January, reported The Telegraph. Mortgage numbers dropped by 4.7% in February after falling 2% in January 2013. However, the numbers still c...
Is RBA’s Fund for Banks and Financial Institutions Really a Rescue Package?
May 14 | NewsThe $380 billion Reserve Bank of Australia’s (RBA) Committed Liquidity Facility is more like ‘rescue money’, according to Michael West of The Sydney Morning Herald. The fund is available to banks who find th...
Why First-Time Buyers are Absent from the Market
May 10 | First Home BuyersDespite falling home loan interest rates and low property prices over the past few years, first-time home buyers are more scarce than ever in the property market, reported News Limited. Australian Finance Group (AFG), one of ...
Australian Government Makes a Mess of Helping First Home Buyers
May 1 | First Home BuyersThe Federal Government of Australia has made a mess of “helping” first time home buyers with their grants. The Age’s Michael Pascoe believes the real name of the grants should be “hand outs for the housing industr...
Experts Say US Mortgage Rates May Rise Slightly With Improving Economy
April 24 | Interest RatesExperts believe home loan interest rates will rise in the USA as the economy shows signs of a strengthening recovery. Mortgage rates are yet to change, despite a huge jump on the stock market, according to Bankrate’s na...
Experts Predict Malaysian and Chinese Investment in Australia to Increase
April 23 | NewsChanging political conditions in China and Malaysia are expected to lead to an increase in demand for Australian off-the-plan apartments by Chinese and Malaysian investors in 2013. While transition to a new president in China...
HSBC Plans to Sell Portfolios Because of Record Fall in Profits
April 23 | NewsA fall in annual profits by the global financial giant HSBC has prompted a the bank to sell-off a package of home loans worth $3.2 billion. The Asia-focused lender will sell the home loan package to SpringCastel Acquisition b...
RBA Concerned About Falling Home Loan Approvals
April 23 | LoansThe number of new home loan approvals is a concern for the Reserve Bank of Australia (RBA) suggesting more interest rate cuts are likely. Data shows the market is not responding to interest rate cuts designed to improve the e...
New Chinese Housing Tax Leads to Skyrocketing Divorce Applications
April 22 | NewsSoon after the Chinese government announced new regulations placing curbs on property prices, homeowners flooded social networking sites with complaints while others filed long lines at government property offices to register...