Category Archives: Mortgage Arears
Mortgage hunger returning for first time since 2009
Mortgage demand has seen its first increase in eight quarters, leading an analyst to predict house price recovery is not far behind. The Veda Quarterly Consumer Credit Demand Index has shown the first increase in mortgage enquiries since 2009. Enquiries … Continue reading
New home sales crash to 11-year lows
New home sales crash to 11-year lowsRetail Trade; Construction Work; Private Sector Credit; New Home SalesNew home sales fell by 7.3 per cent in January to the lowest reading in 11-years. New detached house sales fell by 7.4 per cent … Continue reading
Mortgage arrears continue fall
Mortgage arrears have fallen for the second consecutive quarter, a welcome indication that Australia’s property market is remaining solid amid global financial turmoil, but there’s some even more good news. According to the latest Fitch Ratings Dinkum Index for the … Continue reading

