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RBA Rate Rise: Will Inflation signal RBA to raise mortgage interest rates

HomeMate — Wed, 25 May 2011 22:16:36 +0000

RBA ask home buyers & homeowners to carry the “interest rate” can for the economy again. Australian home buyers and mortgagor homeowners might get punished By the Reserve Bank of Australia with higher mortgage repayments for the mining boom, the Queensland floods and Cyclone Yasi. Real economy is going backwards This grim analysis is based [...]

Home Loan Interest Rates: Is it dangerous for RBA to raise rates right now?

HomeMate — Tue, 24 May 2011 22:17:41 +0000

Australian homeowners and renters on hurting over mortgage rates, reduced family support, housing bubble concerns. Maybe we won’t be seeing an interest rate rise in June, even thought its likely and we predicted it last month. Many economists now say that an interest rate rise could push homeowners and renters over the top as mortgage [...]

Home building at crisis point in QLD: Why I feel like the one eyed man in the land of the blind

HomeMate — Sat, 02 Apr 2011 23:26:00 +0000

Home builders australia wide are doing it tough as home buyers shun high land prices. Land prices have hit the ridulous in Queensland, and this is where the pain for the construction industry is worst. There is no other reason but too higher land prices that I can see for people to stop wanting to [...]

Australia’s housing market slumps worst in Melbourne but not as bad as expected

HomeMate — Thu, 05 Feb 2009 06:25:21 +0000

Australia’s house price slump has been patchy, with Adelaide recording a gain in values, and Melbourne bringing up the rear as far as house price values are concerned. Melbourne led the nation in the drop in house prices over the past quarter. Melbourne property values did the worst in the nation, with house prices sinking [...]

Master Builders call on Banks to pass on full interest rate cut

HomeMate — Tue, 03 Feb 2009 09:33:45 +0000

Master Builders Australia, the peak building and construction industry, has called on the banks to pass on in full the 100 basis point reduction in the cash rate by the central bank. The group said there is no case for the banks to withhold the benefits of lower interest rates to both households and builders. [...]