 Reuters |
Westpac to tread softly on rate rises
Sydney Morning Herald WESTPAC is believed to be planning a softer approach to mortgage pricing if, as expected, the Reserve Bank decides to lift interest rates when it meets … Westpac rakes it in, despite hike Rate rises put banks on notice Westpac dominates home loan market: report |
The central bank will almost certainly raise the official interest rate this week as it tries to keep inflationary pressures in check, and moves towards a more normal policy setting in 2010.
All of 16 economists surveyed by AAP believe the Reserve Bank of Australia (RBA) board will vote to lift the cash interest rate by [...]
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Aussie ramps it up
Herald Sun Aussie Home Loans chief John Symond is hungry for a bigger slice of the mortgage broking market. Source: Herald Sun AUSSIE Home Loans boss John Symond has … Aussie set to lead non-bank lenders |
Home loan growth is likely to slow in 2010 after a surge in 2009 led by first-home buyers, as interest rate rises make borrowing less attractive.
The value of bank home loans jumped 17 per cent to $910.5 billion in the 12 months to 31 December 2009, according to figures released by the Australian Prudential Regulation [...]
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Mortgage market under pressure as rising rates spook buyers
Sydney Morning Herald AUSTRALIA'S largest mortgage broker says buyers are rapidly deserting the housing market as interest rates creep up, after its sales last month plunged to a … |