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Written by Michael Lee
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Wednesday, 10 February 2010 15:01 |
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 Mortgage Interest rates are on hold for a moment with the Reserve Bank deciding last week that borrowers are already feeling enough ‘pain’.
This is largely due to the rate hikes the lenders have given us to bolster and boost their own burgeoning profits. However that hasn’t calmed the nerves of all borrowers, with many still nervous that interest rates are set to rise, and they will. |
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Written by Sasha Tohme
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Monday, 14 December 2009 10:14 |
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 Fair Trading Minister Virginia Judge today congratulated Central Coast traders for receiving one of the highest score cards for home building compliance this year.
Fair Trading investigators targeted 82 sites and 207 individuals in November and found 97 per cent were licensed and complying with the law. “It’s great to see the majority of home building traders in the Central Coast region doing the right thing by consumers and their industry,” Ms Judge said. |
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Written by Sasha Tohme
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Friday, 11 December 2009 11:40 |
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 Central Coast property owners will continue to see their investment grow in the new year, with house prices already exceeding pre-global financial crisis levels, new figures show.
Property values have jumped three per cent nationally and price growth is expected to continue well into 2010, according to Australian Property Monitors. Economist Matthew Bell says Sydney and Melbourne have led the recovery, with Melbourne recording a 12.5 per cent rise in house prices since March. |
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Written by Michael Lee
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Wednesday, 02 December 2009 09:48 |
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 With the Reserve Bank increasing interest rates for the third time on the trot, and in the Christmas month, there are a few mortgage holders who are beginning to wonder where they will stop.
Of course as if the official rate rises weren’t enough, with ANZ adding their own rate hikes at whim last month and Westpac dipping their hand in your pocket for an extra $10,000 on the average loan this time around, the temptation for some borrowers may be to panic. |
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Written by Sasha Tohme
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Tuesday, 01 December 2009 12:47 |
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 Terrigal apartments are set to boom fuelled by a shortage of new apartments, industry experts say.
Preliminary figures from Australian Property Monitors for the September quarter reveal Terrigal has recorded its first positive increase in apartment values since before the onset of the Global Economic Crisis. So far the median Terrigal unit price has increased by one per cent to $525,000. |
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