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  • A house under $500,000 will put you on the outer – Sydney

    The chances of finding a house priced under $500,000 within Sydney’s middle-ring suburbs halved over the past year. And despite the recent surge in listings, and signs of price fragility, buyers have been told to consider a unit or a house in the outer ring. Greenacre, in the south-west, recorded […]

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    Aussies anticipating flatter property prices

    Latest Home Finance Index points to a period of stability Only one in three Australians (38 percent) expect property prices to rise in coming quarter, down from more than three quarters of respondents (79 percent) in March 2010. The latest Bankwest/Mortgage and Finance Association (MFAA) Home Finance Index also revealed […]

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    Need an extra cash bonus of $5,000 to help get into your first home?

    Mortgageport has negotiated a fantastic offer with one of our wholesale lending partners to provide first home buyers with an additional one-time $5,000 cash upfront payment.  This payment is in addition to the usual stamp duty concessions and government funded grants. The loan is a fully-featured variable rate funded by […]

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    RBA Leaves Official Cash Rate Unchanged

    At its meeting today 1st March, 2011, the RBA Board decided to leave the cash rate unchanged at 4.75 per cent. Statement by Glenn Stevens, Governor Monetary Policy RBA The global economy is continuing its expansion, led by very strong growth in the Asian region. Commodity prices have risen further […]

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