Home loan rate to rise to at least 7.25 at end 2010
The futures market is predicting a 5% RBA cash rate at the end of the year which is 1.25 percentage points higher than it is now. Cash rate is currently at 3.75 per cent after three increases of a...
View ArticleHow big four banks will change their home loan interest rates in 2010?
Banks will not pass on the full interest rate increases which are forecasted at 1% in 2010, according to Australia’s top macroeconomist Chris Richardson. He said that increasing competition for new...
View ArticleTop 100 property search terms in January 2010
Here are the top 100 property related search keyword phrases in January 2010 from Google. It seems that there are more buyers than renters. Investment property is in the top 10 search terms....
View ArticleMore people cannot pay back home loans in 2010
Home loans in arrears by more than 30 days increased across all borrower categories during the December 2009 quarter, Fitch said in a report released on Monday. According to Fitch, more and more...
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Buy house in Sydney or Melbourne in 2010
Wonder if you should buy a house property in Sydney or Melbourne in 2010? The chart below clearly shows that you should buy in Sydney because the median house price Sydney is till much lower than the...
View ArticleSydney property market not hot any more?
Sydney property market has suddenly caught a cold – auction clearance rates in the past two weeks have been down and agents report fewer visitors to open houses. Properties were being passed in...
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