Archive for April, 2009

Australia: first home owner grant controversy continues – Banking Business Review

Thursday, April 30th, 2009

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Australia: first home owner grant controversy continues
Banking Business Review
Spokespeople for the building industry, mortgage broker industry and some mortgage lenders have expressed support for the increased grant, citing a strong influx of first home buyers, which is playing an important role in propping up the uncertain ...

Credit growth sinks to 15-year low – Gold Coast Mail

Thursday, April 30th, 2009

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Credit growth sinks to 15-year low
Gold Coast Mail, Australia
Still, first home buyers are taking advantage of the grant and low mortgage rates, making up a record 26.9 per cent of all new mortgages. New home approvals are showing improved signs of growth after months of decline. But an Australia National ...
Private sector lending hits 15-year low TheBull.com.au
all 6 news articles

Housing Bubble Smackdown: Bigger Crash Ahead – Australia.TO

Thursday, April 30th, 2009

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Housing Bubble Smackdown: Bigger Crash Ahead
Australia.TO, Australia
The moratorium was initiated in January to give Obama's anti-foreclosure program---which is a combination of mortgage modifications and refinancing---a chance to succeed. The goal of the plan was to keep up to 9 million struggling homeowners in their ...

Credit growth sinks to 15-year low – The Age

Thursday, April 30th, 2009

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Credit growth sinks to 15-year low
The Age, Australia
Still, first home buyers are taking advantage of the grant and low mortgage rates, making up a record 26.9 per cent of all new mortgages. New home approvals are showing improved signs of growth after months of decline. But an Australia National ...

New vigour in house prices – Business Spectator

Thursday, April 30th, 2009
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LIVENEWS.com.au

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New vigour in house prices
Business Spectator, Australia - Christopher Joye
The stronger performance of Australia's housing market follows on from modest 3 per cent falls in home values during 2008 (according to both the ABS and RP Data-Rismark Indices) primarily as a result of mortgage rates peaking at 9.6 per cent in August ...
National housing values up 1.63%: survey The Age
Home property market holds its ground WA today
House prices holding firm despite economic gloom SmartCompany.com.au
Business Spectator - WA today
all 167 news articles