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Home Improvement Loans News

Cba First To Lower Home Interest Rates

31 July 1996

Home buyers will benefit from a new round of interest rate cuts after the unexpected reduction in official rates by the Reserve Bank yesterday. Commonwealth Bank, Australia's biggest home lender, was the first bank to move yesterday, shaving half a percentage point from its variable home loan .. read full story

Challenge To Banks On Home Loan Slump

15 July 1996

Canberra. The housing industry is still in the doldrums, with the latest figures showing that home lending has slumped to its lowest level in six months. The figures also revealed that banks are being trounced by other mortgage lenders in the race for the home-loan dollar. According to the .. read full story

Greater Hope For Home Buyers

7 July 1996

Home loans have become more affordable for the average buyer as strong competition in the lending market has brought lower interest rates. Falling interest rates, lower house prices and higher incomes have combined to to make houses more affordable for the average home-buyer in the March quarter... read full story

- July 1996

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