Interest Rate Rises Could Force House Sales

Published on December 1, 2010 by Technology Slice

Interest Rate Rises Could Force House Sales – The Mortgage Choice survey, completed before the Reserve Bank’s Melbourne Cup day decision to lift the cash rate, found 9per cent of mortgage holders could not afford any increases to the repayments on their loans, The Australian reports. The survey found that the two further 25-basis-point increases [...]

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First Home Buyers Give Up

Published on March 4, 2010 by Technology Slice

First Home Buyers Give Up – One-fifth of Australians will give up on the dream of buying their first home in the next two years if home loan interest rates hit between 8 and 9 per cent, according to a survey from home loans broker Mortgage Choice. By yesterday afternoon all four major banks had [...]

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