Fixed Home Loans On The Rise

Published on December 9, 2010 by Technology Slice

Fixed Home Loans On The Rise – The Australian Bureau of Statistics (ABS) today reported that 49,307 home loans were approved in October, a 1.9 per cent seasonally-adjusted increase compared to September. Economists forecasts had centred on a 0.3 per cent increase. The figures preceded November’s unexpected jump in mortgage rates. The proportion of homebuyers [...]

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Home Loans Begin To Fall

Published on May 12, 2010 by Technology Slice

Home Loans Begin To Fall – The number of home loans fell again in March, marking the sixth consecutive monthly decline, amid rising interest rates and a chronic shortage of housing. The tally of those borrowing to occupy the home rather than rent shrank to its smallest level in nine years. The number of home [...]

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Housing Market Set To Crash

Published on May 3, 2010 by Technology Slice

Housing Market Set To Crash – Edward Chancellor, of US investment bank GMO, says the Australian economy is yet to emerge from the global financial crisis, despite the widespread belief it has escaped the worst of it ahead of the rest of the world. Mr Chancellor, whose Crunch Time for Credit? was published in 2005, [...]

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