Category Archives: Mortgage Sales
Australians pay off mortgages at record speed
The acting CEO of Westpac, Australia’s biggest bank, has claimed that today’s homeowners are paying off their mortgages at twice the average rate for the past 30 years. Speaking in Canberra at last week’s … Continue reading
House Prices in Australia – Speech by RBA Governor Glenn Stevens
This is an edited version of a speech given by Reserve Bank Governor Glenn Stevens at the Annika Foundation Luncheon on July 24. Scaled to measures of income, Australian dwelling prices on a national basis have in fact declined and … Continue reading
Four More Interest Rate Cuts In 2012
How does a 1% interest rate cut sound to you? According to an economist from one of the country’s Big Four banks, the RBA could spring four more interest rate cuts on the Aussie public this year. But will the … Continue reading
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
Market conditions providing opportunities for home buyers and investors
Century 21, the largest real estate organisation in the Asia Pacific region, believes that purchasing conditions for prospective residential property buyers could be set to improve over coming months, particularly if the Reserve Bank of Australia elects to cut interest … 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
Port Douglas Auctions – Saturday 17th of December 2011
Century 21 Port Douglas Real Estate are proud to present, five quality Port Douglas properties for Auction, tomorrow Saturday the 17th of December 2011. This may be you last opportunity to purchase a piece of paradise prior to Christmas and … Continue reading
We love our castles—Australian homes remain the biggest globally
The great Australian dream of home ownership is constantly evolving. Both our houses and lot sizes are generally decreasing in size, with kitchens growing in importance and outdoor living becoming more prominent for many. We’ve also seen … Continue reading
Nearly half of Aussie Properties Double in Value
New research from RP Data has found that 45% of Australian properties are worth at least double their original purchase price – and less than 4% are in negative equity. The research firm’s latest Property Equity report has revealed that … Continue reading
