Australian Property Updates

Property Information & Real Estate Updates

Daily Archives: 12/07/2010

More home loans taken out by owner-occupiers

THE number of home loans for owner occupied housing rose for the first time in eight months in May, official figures show. While the headline figure masks a slowing economy, it could mean borrowers will be spared another rate rise until the end of the year, economists say. Australian housing finance commitments for owner-occupied housing rose 1.9 per cent in ...

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