DEMAND for fixed rate mortgages hit almost 11 per cent of all home loans approved in November, the highest level in 29 months, according to the customer data of one mortgage broker. That was considerably more than the 7.......
CONSTRUCTION remained weak in November, with new orders registering a further decline and activity falling across all the major sectors, a survey shows.......
Reserve Bank of Australia [RBA] puts up rates by 25 basis points to 4.75% The Australian dollar surged in Asian trading Tuesday after the Reserve Bank of Australia [RBA] surprised the market by hiking its cash rate for the first time in six months.......
COMMONWEALTH Bank raised home-loan rates 20 basis points more than the RBA The first of the big four banks to raise interest rates by more than the Reserve Bank's official move today.......
House prices have grown at their slowest pace since the global financial crisis, economists say house prices nationwide have grown at their slowest pace since the global financial crisis, following a series of rate rises early this year and ongoing fears ......