By Rick Adlam on Tuesday, March 16, 2010
The Reserve Bank of Australia has left its interest rates options open at its board meeting this afternoon, leaving the official cash rates on hols, as it searches for clues on how the rest of the year will pan out.
Posted in Australian Economy, Banks, First Home Owners Grant, First time home buyers, Home Buyers, Home Loan Interest Rates, Housing Market, Mortgage Rates, Reserve Bank of Australia | Tagged Borrowers, Home loan rates, Home Loans, Interest Rates, Mortgage Rates, Mr Mortgage, RBA, Reserve Bank Governor, Reserve Bank of Australia
By Rick Adlam on Saturday, March 13, 2010
The Reserve Bank of Australia (RBA) said three interest rate rises in 2006 had dampened recent demand for housing finance.
Australia’s central bank said in its quarterly statement on monetary policy that upward movements in the cash rate in May, August and November last year had brought housing loan rates to a level that was little above their [...]
Posted in Banks, Housing, Housing Market, Interest Rates, Mortgage Industry, Mortgage Rates, Reserve Bank of Australia | Tagged Finance Australia, housing finance, Housing Loan, housing loan approvals, housing loan rates, Interest Rate Rises, Interest Rates, Loan Approvals, Loan Rates, Reserve Bank of Australia
