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Recent Posts
Monthly Archives: January 2012
NAB’s rate decison affected its home loan market share
It seems that the decision by the National Bank not to pass on the November rate cut in full to its home loans products has had a negative impact on the bank’s market share in the space of home loans. … Continue reading
Posted in Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
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Smaller lenders gain share of home loans
Almost one in four home loans written by AFG Mortgage Brokers during the month of December was with a smaller lender , not one of the big four banks. The demand for mortgage refinance was driven largely by the dropping … Continue reading
Posted in Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
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Fixed home loans hold their own – Mortgage Choice
Demand for fixed home loans continues to stay high despite the Reserve Bank’s decision to cut the official cash rate two months in a row in late 2011. According to new data from Mortgage Choice, fixed rate home loans made … Continue reading
Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
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Rate cuts improve sales of new homes
A recent survey by the HIA has confirmed that the November rate cut by the RBA has had a positive impact on demand for new homes. Report from the HIA shows that sales of new homes had increased by a … Continue reading
Posted in Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
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