Mortgage Index – October 2011
MASSIVE LEAP IN FIXED RATE LOANS AS FIRST HOME BUYERS RETURN TO THE MARKET IN NSW AND WA Fixed rate home loans rose sharply in popularity
MASSIVE LEAP IN FIXED RATE LOANS AS FIRST HOME BUYERS RETURN TO THE MARKET IN NSW AND WA Fixed rate home loans rose sharply in popularity
MORTGAGE SALES SURGE ON RATE EXPECTATIONS: AUGUST DATA August mortgage sales surged to their highest volume in over eighteen months according to AFG, Australia’s largest mortgage broker.
MORTGAGE MARKETS STAGNATE ON CONSUMER FEARS Only 11.7% of mortgages for owner occupiers: July data Australia’s mortgage sales declined by 3.7% in July, as consumers
BIG BANKS GRAB MARKET SHARE AS BUYERS REFINANCE: JUNE MORTGAGE DATA Highly competitive home loan deals offered by Australia’s big four banks has seen them grab market
SURPRISE UPLIFT FOR MORTGAGES AS INVESTORS SWOOP: MAY FIGURES Mortgage sales increased by 18.8% in May as investors took advantage of softer market conditions according to AFG,
AFG CALLS ON GOVERNMENT TO BOOST CONSUMER CONFIDENCE AFTER ANOTHER FLAT MONTH: APRIL FIGURES AFG, Australia’s largest mortgage broker, has called on the Government to address weak
MORTGAGE SALES RECOVER AFTER THE FLOODS – BUT STILL LOWER THAN MARCH 2010: LATEST FIGURES New South Wales bucks the trend with stronger figures Mortgage sales
LENDER WARS ARE ON – BUT CONSUMERS CAUTIOUS TO BUY OR SWITCH LOANS: FEBRUARY FIGURES Increased competition among mortgage lenders has seen the market share of
LOWEST MONTHLY SALES SINCE 2004 AS FLOODS HIT NATIONAL MORTGAGE MARKET: JANUARY FIGURES The number of mortgages processed in January was the lowest recorded by AFG, Australia’s
MORTGAGE MARKET POISED FOR RECOVERY AFTER TOUGH 2010: LATEST FIGURES But trend to Fixed Rate mortgages shows consumer caution Total mortgage sales fell by 10% in