Mortgage Index – July 2010
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
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
TRADE-UP BUYERS RETURN TO MARKET – AUGUST MORTGAGEÂ FIGURES Property owners trading up their family homes are returning to the market after a period in the deep freeze accord
$354,000 – THE AVERAGE SIZE OF A NEW MORTGAGE IN AUSTRALIA REACHES RECORD: JULY MORTGAGE FIGURES The average new mortgage lodged in Australia rose to $354,000 in July – the