Australian Property Updates

Property Information & Real Estate Updates

Daily Archives: 14/02/2012

Bank behavior will discourage First Home Buyers

The Housing Industry Association believes that the decision by the major banks to increase variable interest rates on home loans outside of rate increases by the RBA, will ultimately hurt the Australian housing industry as First Home Buyers will loses confidence. According to the latest statistics on Home Loans for December 2011, the November and December official interest rate cuts ...

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