| Credit growth to influence rates hike ABC Online, Australia - Mr Lipsky told ABC TV's Lateline Businessthat default rates in the US subprime mortgage market were much worse than anticipated. "The impact and the degree ... |
| One million squeezed on home costs The Canberra Times, Australia - Adding fuel to a potentially explosive election issue, census figures show that the number of households officially declared under "mortgage stress" has ... Rate hikes put pressure on families |
| Subprime Problems Continue Asia Corporate News Network (press release), Australia - IKB shares have shed 18% in value so far this month as investor worries mounted about its exposure to the problems in the US sub-prime mortgage market. ... |
| Subprime mortgage bond market stalls NEWS.com.au, Australia - Price indices for subprime mortgage bonds are at record lows. The ABX-HE "AAA" 07-1 index, which tracks bonds deemed to have the least exposure to loss, ... |
| Fixed-rate mortgage 'better option' Sunday Times.au, Australia - Home-loan borrowers know there's usually a premium payable for the security of a fixed-rate mortgage but at the moment it's actually cheaper to go fixed. ... |