Register | Login

Search results for australian


Australian mortgage stress declines

Posted by mortgage 154 days ago (Editorial)
Mortgage stress across Australia slid for six months to 30 September, as borrowers adapted to a period of stable interest rates.
Commonwealth Bank of Australia , the country's top mortgage lender, said on Tuesday its funding costs could rise as the European debt crisis and concerns over the health of the U.S. economy challenge credit markets.
A quarter of Australian homeowners are experiencing mortgage stress and rental vacancies remain ?tight,? driven by higher interest rates, rising costs and a shortage of rental properties in some cities.
Research and Markets has announced the addition of the "The Australian Mortgage Broker Survey 2011" report to their offering.
Commonwealth Bank of Australia chief executive Ralph Norris says the country?s biggest home loan lender will adjust mortgage rates as neccessary based on its funding costs. ?I don?t thing there?s any

Username:

Password:

Remember:
Saved Stories
Mortgage How to Get is an informational resource about mortgage news and information.