Growth In Refinance Set to Continue

Home loan customers refinancing their existing mortgages are set to continue their strong activity in the housing finance market during 2012, according to leading mortgage broker Priority Lending. Priority Lending Chief Operating OfficerDean Rushtonsaid the company experienced a 16 per cent rise in refinance enquiry over the past 12 months. Mr Rushton said the Reserve Bank of…

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Rate Cuts Boosting Confidence

The Reserve Bank of Australia (RBA) reducing official interest rates has encouraged consumer confidence and generated growth in the home finance sector, says leading mortgage broker Priority Lending. Priority Lending Chief Operating Officer Dean Rushton said the latest official home loan approval figures for November, 2011, from the Australian Bureau of Statistics (ABS) displayed an…

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