Australian Property Updates

Property Information & Real Estate Updates

Daily Archives: 27/07/2010

Households recommended to reduce their debts

Households with mortgages have been advised to take advantage of the pause in interest rate rises and pay down their debts. This follows analysis by financial comparison website RateCity of Australian Bureau of Statistics data which has found that the value of home loans has been falling since September 2009. This decline predates the start of the Reserve Bank’s rate ...

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