Mortgage News Archive - February 2008

Rental plan to ease mortgage pain

A SCHEME to subsidise the construction of 50,000 rental properties during the next four years will improve housing affordability, federal Housing Minister Tanya Plibersek says. More
February 29, 2008

Give renters a break, landlords warned

LANDLORDS keen to make the most of the tight rental market are being warned against raising rents, as they risk losing quality long-term tenants. More
February 22, 2008

Housing dream fades as affordability sinks

HOUSING affordability has sunk so low that the majority of Australians who have yet to take out a mortgage expect that they may never purchase a home, new figures show. More
February 19, 2008

House sales mixed amid rate rise fears

THE threat of rising interest rates cast a pall over home sales at the weekend in Sydney, while the Melbourne market was more robust in the second major week of property auctions. More
February 18, 2008

Interest rates not deterring ownership dream

BALLOONING house prices and rising interest rates have not stopped people from achieving the Australian dream of owning their own home, statistics show. More
February 7, 2008

Rudd to boost first home savings

PEOPLE saving for a deposit on their first home are to be given a helping hand by the Federal Government, with tax concessions worth $850 million over the next four years. More
February 5, 2008