Property
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Another bank lowers mortgage rates after OCR cut
Another bank has lowered mortgage rates, following the Reserve Bank's decision to lower the Official Cash Rate (OCR) yesterday.ANZ National said that from tomorrow its one-year rate would drop to 9.2...
NZPA. - Friday July 25, 07:11 PM -
Mortgage stress tipped to hit 1m by Xmas
Higher interest rates are tipped to force more than a million Australian households into a state of mortgage stress by the end of the year, a new report says.The report by Wizard Home Loans and...
AAP. - Friday July 25, 04:31 AM -
Jennic Sees Record Uptake of Intellectual Property for Use in Next Generation Cellular Base-Stations
Jennic has reported a record uptake of Intellectual Property usage in the cellular base-station and mobile data communications markets. This is reflected in a fivefold increase of sales of...
Busiwire. - Thursday July 24, 08:36 PM -
NZ's ASB Bank cuts mortgage rate after RBNZ cut
WELLINGTON, July 24 (Reuters) - New Zealand's ASB Bank on Thursday said it would lower its two-year fixed term mortgage rate after the central bank earlier lowered the official cash rate. ASB,...
Reuters Finance News, Australia. - Thursday July 24, 06:01 PM -
US housing bill may stem downward spiral: analysts
WASHINGTON (AFP) - A wide-ranging housing rescue plan passed by the US House of Representatives on Wednesday could help ease the downward spiral in the property market that is weighing on the US...
AFP Finance News. - Thursday July 24, 10:57 AM -
US House approves mammoth housing bill
The US House of Representatives has approved a wide-ranging housing rescue plan aimed at helping thousands of homeowners avoid foreclosure and supporting mortgage finance giants that have faltered in...
AAP. - Thursday July 24, 10:25 AM -
Retail property market holds strong
Retail property vacancies remain low despite tougher economic times, a leading property analyst says.Jones Lang LaSalle national retail analyst Dino Siswadi said vacancies across retail centres...
AAP. - Wednesday July 23, 06:23 PM -
Borrowers baulk at fixed rate loans
The demand for fixed rate home loans fell sharply in June as borrowers don't want to be locked into high interest rates that may begin to ease again, a new study finds.Only 13 per cent of all...
AAP. - Wednesday July 23, 05:59 PM -
KOREA'S JUNE OVERSEAS PROPERTY PURCHASES PLUNGE
SEOUL, July 23 Asia Pulse - South Koreans' purchases of overseas properties fell sharply in June from a year earlier amid concerns over a global slowdown and a prolonged credit crisis in the U.S., a...
Asia Pulse News. - Wednesday July 23, 05:58 PM -
Two Henderson hotel companies go into receivership
Two accommodation businesses of embattled entrepreneur Dave Henderson have been placed in receivership at the request of the project financiers.The Living Space hotels in Dunedin, which operates...
NZPA. - Wednesday July 23, 08:48 AM -
Hope of rate relief for borrowers
Borrowers have been given some hope of respite from further interest rate pain amid suggestions the Reserve Bank of Australia (RBA) is less concerned about inflation.The June quarter consumer price...
AAP. - Wednesday July 23, 04:31 AM -
US mortgage giants costs could hit $25b
Congress' top budget analyst says a federal rescue of troubled mortgage giants Fannie Mae and Freddie Mac could cost US taxpayers as much as $US25 billion ($A25.6 billion).But Peter R. Orszag,...
AAP. - Wednesday July 23, 02:18 AM -
LightPole Makes Official Foray Into Real Estate Market
In conjunction with the Inman News Real Estate Connect Conference, LightPole, Inc., a mobile application service provider for content publishers, today announced a focus on the real estate vertical...
Busiwire. - Wednesday July 23, 01:01 AM -
Rising rates worrying borrowers: survey
Rising interest rates have overtaken concerns about job loss or illness as the biggest worry facing home loan borrowers, a new survey shows.Some 27 per cent of borrowers surveyed had fears about...
AAP. - Tuesday July 22, 08:55 PM -
Canterbury Mortgage Trust hits strife
New Zealand's second largest property trust, forced to freeze over a quarter of a billion dollars of investors' funds, said on Tuesday it expects investors to eventually be paid...
AAP. - Tuesday July 22, 04:42 PM
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