Interest rate movements are currently the least influential factor affecting whether potential first home buyers can enter the property market, according to a survey by leading mortgage broker Priority Lending Priority Lending Corporate Spokesman Paul Smith said a survey of the company’s mortgage brokers found just five per cent thought interest rates are the main…
Another month of sluggish home loan approvals highlights the compelling case for the Reserve Bank of Australia (RBA) to stop fence sitting and deliver a interest rate cut in May, says leading mortgage broker Priority Lending. Priority Lending corporate spokesperson Paul Smith said the latest Australian Bureau of Statistics (ABS) figures for February 2012 show…
Cautious Australian consumers have more confidence in the share market becoming more profitable over the next year than any other investment sector, a national survey has found. The Priority Lending poll which asked “Which investment sector do you believe will be the most profitable over the coming year?’ found 33 per cent thought shares were…
Home loan customers will be disappointed the Reserve Bank of Australia (RBA) has continued to cloud the interest rate outlook by keeping its cash rate on hold, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said today’s decision by the central bank’s board to leave the cash rate at 4.25 per…
First home buyer activity has subsided following a strong start to the year and highlights the need for the Reserve Bank of Australia (RBA) to lower official interest rates, according to leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said the company’s enquiries from first home buyers had dropped off 20 per…
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Home loan customers are considering a fixed interest rate for their mortgage because of the uncertainty over whether lenders will follow the lead of the Reserve Bank of Australia (RBA), a national survey has found. The Priority Lending poll which asked “Given recent decisions by the RBA and rate changes by lenders are you considering…
Slowing activity in the home finance sector provides further pressure for the Reserve Bank of Australia (RBA) to consider a rate adjustment next month, according to leading mortgage broker Priority Lending. Priority Lending corporate spokesperson Paul Smith said the latest Australian Bureau of Statistics (ABS) figures for January 2012 show a small1.24 per cent drop…
Most home loan customers expect the Reserve Bank of Australia (RBA) to lower official interest rates next week in response to lenders lifting their variable rates independently, a survey has found. The Priority Lending poll which asked “How much influence do you think recent rate rises by lenders will have on the RBA decision in March?’ found…
With hundreds of home loans available and even more structuring options, no two home loans are the same. However, the good news is, the main principals to getting ahead on your home loan are the same no matter what home loan and structure you have. For anyone paying a home loan the idea of owning…