Mortgage Index – February 2011
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
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
SURPRISE BOUNCE IN MORTGAGE MARKET AFTER LATEST RATE HIKES: NOVEMBER FIGURES Dramatic rise in Fixed rate loans Australia’s mortgage market proved surprisingly resilient in November, with mortgage
HORSE ALREADY BOLTED ON RATE FEARS: OCTOBER DATA AFG CALLS FOR CANBERRA LEADERSHIP IN STALLED HOME LOAN MARKET AFG, Australia’s largest mortgage broker, has called for
NO SPRING BOUNCE IN MORTGAGE SALES: SEPTEMBER DATA AFG CALLS ON RBA TO HOLD RATES AFG, Australia’s largest mortgage broker, has called on the RBA
MORTGAGE MARKET STRENGTHENS DESPITE ELECTION: AUGUST DATA But mining tax fears concern QLD and WA investors Despite the Federal Election, mortgage sales in August were 10.9%
MORTGAGE SALES DOWN 9.1%: JULY FIGURES But surprise blip in first home buyers in QLD, NSW Sales of new mortgages fell by 9.1% in July
HOME LOAN GEARING HITS ALL TIME LOW AS LENDERS TIGHTEN CREDIT Loan to Value Ratios (LVRs) have hit an all time low as home loan lenders
ONLY 15.4% OF NEW MORTGAGES SOLD TO UPGRADERS AS ECONOMIC WORRIES DEEPEN: MAY FIGURES Only 15.4% of all mortgages arranged in May were sold to
MORTGAGES: APRIL SALES FALL 15% AS RATES BITE Two tier market as investors surge to 60% of all new mortgages Mortgage sales fell by 15.6%