HomeMate.com.au

The sale of new homes rose strongly in October, the same month as Government assistance to first time owners was tripled and interest rates cut further, a survey shows. Yet despite the first monthly sales increase in four months for new homes, the housing industry says a recovery in the sector is still some way [...]

Reserve Bank of Australia to cut home loan interest by 1 per cent to boost spending 2008 November 22 by admin The Reserve Bank of Australia, which was completed blindsided by the World financial crisis, has to reverse its decisions made in haste over the past few months. Mortgage interest  rates may drop by another 1 per [...]