• July 23, 2020

Day: 6 October 2011

Developers optimistic

Ben Hurley | Australian Financial Review | October 6, 2011 http://afr.com/p/business/property/developers_optimistic_fXmjSFJ7mvHvVCGR6t6ywN Residential developers have reported an improvement in consumer sentiment and sales volumes with the arrival of warmer weather and a more stable interest rate…

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European financial crisis to blame for lending clamp-down

Jeff Whalley | Herald Sun | October 6, 2011 http://www.news.com.au/money/property/european-financial-crisis-to-blame-for-lending-clamp-down/story-e6frfmd0-1226160162581 The discounting war engulfing the mortgage market is likely to end as Europe’s debt crisis raises the banks’ funding costs, industry experts say. Lenders may…

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Mortgage discounting peaks

Jane Searle | Australian Financial Review | October 6, 2011 http://afr.com/p/business/financial_services/mortgage_discounting_peaks_Z8Gv1XJj8sK5XZsnW9o7wI The depth and frequency of discounts below the standard variable mortgage rate have hit a peak as lenders jostling for market share weigh up…

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