Mortgage Index – September 2010
MORTGAGE MARKET STRENGTHENS DESPITE ELECTION:Â AUGUST DATA But mining tax fears concern QLD and WA investors Despite the Federal Election, mortgage sales in August were 10.9% highe
MORTGAGE MARKET STRENGTHENS DESPITE ELECTION:Â AUGUST DATA But mining tax fears concern QLD and WA investors Despite the Federal Election, mortgage sales in August were 10.9% highe
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 compared to June, and 15.1%Â compared to July
HOME LOAN GEARING HITS ALL TIME LOW AS LENDERSÂ TIGHTEN CREDIT Loan to Value Ratios (LVRs) have hit an all time low as home loan lenders tighten credit restrictions according to AF
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 people upgrading or moving home accor
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% between March and April this year as succe
PROPERTY BUYERS REFINANCE IN RECORD NUMBERS ASÂ SECOND TIER LENDERS RECOVER Mortgage refinancing hit a record high of 37.2% of all mortgages arranged in March, with increasing numb
INVESTORS STORM THE PROPERTY MARKET AS SECOND-TIER LENDERS STAGE A COME-BACK: FEBRUARY MORTGAGE FIGURES After a lull over the summer holidays property investors are flocking back t
47% SLUMP IN MORTGAGE SALES: AFG WARNS RBA ON ANOTHER RATE RISE A dramatic slump in mortgage sales in January has prompted AFG, Australia’s largest mortgage broker, to warn the R
2 OUT OF EVERY 5 MORTGAGES FOR INVESTMENT AS NSW BUCKS NATIONAL DECLINE – DECEMBER FIGURES Two out of every five mortgages arranged in NSW in December were for investment propert
AVERAGE MORTGAGES HIT ALL TIME HIGH DESPITEÂ CAUTIOUS MARKET – NOVEMBER FIGURES The average new mortgage arranged in Australia in November reached $367,000, the highest on re
MORTGAGE MARKET COOLS AS RATES RISE AND FIRST HOMEÂ BUYING FALLS – LATEST FIGURES The mortgage market cooled in October as the number of first home buyers fell by 27% from Se
NO LAST MINUTE RUSH FOR FIRST HOME GRANTS – SEPTEMBER MORTGAGE FIGURES Despite first home buyer grants being reduced at the end of last month, there was no last minute rush b