MAKING NEWS

Thu, 30 July 2009
Mortgage refinancing rises over 38% in June
The Australian refinance mortgage market a recorded a strong rise in the number of borrowers looking to refinance their mortgages, as home owners try to take advantage of record low interest rates on mortgage refiance deals. Non-bank lenders are reporting that refinancing accounted for 38.5 per cent of home loans written in June, up from 30.2 per cent in March."There have been plenty of home owners who have been complacent about their mortgages,'' ."But our figures show that more and more of them are taking advantage of record mortgage interest rate lows and are actively seeking out the best deal.''However, the number of first home buyers settling mortgage home loans dropped to 21.3 per cent of total mortgage loans written in June, from 32 per cent in March. "The steam has abated in the first home buyer market as many of them realise that the properties available are probably already at full price,''

Click here for more news from For all mortgage solutions.

Here are some For all mortgage solutions articles that may be of interest ...

BOOKMARK THIS WEBSITE
To add For all mortgage solutions to your favourites, simply click here.

For all mortgage solutions Link Exchange
To view our links page or to exchange links with this website, please visit our For all mortgage solutions links page.

|  home  |  news  | links  |