Mortgage News Archive - October 2008
First-home buyers risk property price sting
FIRST-HOME buyers risk going backwards if they take up Kevin Rudd's generous cash handouts to enter the market over the next eight months when prices are already falling in two of the key cities that will decide whether Australia avoids a looming global r More
October 30, 2008
Buyers beware as housing market stalls
CLEARANCE rates again crashed to record lows over the weekend, with the lure of the increased first-home owners grant failing to offset buyers' concerns about the global financial crisis. More
October 27, 2008
First home buyers cautious despite boost to grant
KEVIN Rudd's bold bid to lure first-home buyers into the nation's sluggish property market has been greeted with caution by young investors, with the increase in the first-home buyer's grant failing to generate an immediate kickstart to the ailing sector. More
October 20, 2008
Home loan advertising blitz attacked
AN advertising blitz encouraging first home buyers to spend the Federal Government's latest hand-out on their house deposit has been slammed as irresponsible. More
October 20, 2008
Rate cut may help with rent - for a while
TENANTS across Australia look set for a short-term reprieve from rising rental prices, with analysts expecting landlords to pass on the benefits of interest rate cuts. More
October 17, 2008
First-time buyers storm housing market
FIRST home buyers captivated by the lure of $21,000 in new government grants have stormed builders and real estate agents in search of bargains. More
October 16, 2008
House prices will rise in step with grant
HOUSE prices are tipped to rise as a result of the First Home Owners Boost announced by the Federal Government yesterday. More
October 15, 2008
Rates relief for hard hit families
DESPERATION turned to jubilation for cash-strapped Australian families last night, after major lenders indicated they would pass on most of the Reserve Bank's interest rate cut. More
October 8, 2008
RBA stuns with 1pc interest rate cut
THE Reserve Bank has slashed interest rates by one percentage point to 6 per cent. More
October 7, 2008
No housing revival for another year
PROPERTY investors and homebuyers hoping for a revival in the housing market will have to wait another year, according to experts, as property clearance rates around the country took another hammering over the weekend. More
October 6, 2008
Banks will keep RBA rate cut
AUSTRALIAN families should not expect a cent from any official rates cut next week after the Federal Treasurer yesterday gave banks a blank cheque to ignore future interest rate reductions. More
October 1, 2008