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Australia & New Zealand Mortgage Crisis News is an EIN News Service for real estate professionals. Constantly updated news and information about Australia & New Zealand Real Estate.
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Latest Australia & New Zealand Mortgage Crisis News

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  • Australian Real Estate Making A Strong Comeback 3 Dec 2009 16:56 GMT
    ... For the second quarter in a row, real estate prices ... to the HIA, before rebounding in 2010. Residential dwelling approvals, an indicator of future activity, ... of new houses. Due to the global credit crunch, developers of large-scale residential projects continue to ...

  • Report from Europe: Stocks in Pre Payroll Torpor 3 Dec 2009 16:55 GMT
    ... With the November Non-Farm Payrolls report beginning to come into ... was seen to have picked up modestly, residential real estate prices and transaction volumes improved, ... one another on the issue of a credit crunch. Finance minister Schaeuble played down discussion of ...

  • Own a Bank 3 Dec 2009 17:00 GMT
    ... How States Can Escape the Credit Crisis: Own a Bank Interest composes 30% to ... which it buys from local banks. Its residential loan portfolio is now $500 billion to ...

  • The system behind the madness 5 Dec 2009 07:11 GMT
    ... for less. The corporate rich gambled on property, shares in companies that produced nothing, and ... that was for people tricked into dodgy home mortgages in the US). They will be ... like Goldman Sachs, who created the subprime mortgage crisis. “Their job is to create brand new ...

  • Dubai keeps rising 5 Dec 2009 15:33 GMT
    ... The Dubai debt crisis is not fazing Kiwi expats who see ... than the beginning of a whole new credit crisis. Jonty Fernandez, 30, an operations manager from ... assets depend on tourism, shipping, construction and real estate, which hit trouble during the global downturn. ...

  • Fed's Lacker flags need for exit, favors asset sales 3 Dec 2009 01:16 GMT
    ... The U.S. Federal Reserve must remain alert to lurking inflation ... drag on growth, although employment and commercial real estate continue to present serious hurdles. These contrasts ... economy, at the epicenter of the global credit crisis, is expected to rebound more slowly than ...

  • Mutual benefit as Yorkshire merges with Chelsea society 3 Dec 2009 08:14 GMT
    ... Mutual benefit as Yorkshire merges with Chelsea society THERE ... society model of offering savings accounts and residential mortgages, and will be primarily funded through ... have been the big winners from the credit crunch, if only they had stuck to being ...

  • Banks' $7bn rates ripoff 5 Dec 2009 14:51 GMT
    ... THE big banks have gouged $7 billion from borrowers in ... revealed banks have ripped off the average homeowner and credit card user to the tune ... lend to customers here during the global credit crunch. They claimed the costs of raising funds ...

  • Banks feasting on borrowers' pain 5 Dec 2009 15:15 GMT
    ... The banks began diverging, or "decoupling", from the RBA on ... lend to customers locally during the global credit crunch. By refusing to pass on all interest-rate ... we've got more customers, but margins on home loans are still not as high as ...

  • Interest rates: Banks feasting on borrowers' pain 5 Dec 2009 23:59 GMT
    ... The banks began diverging, or "decoupling", from the RBA on ... lend to customers locally during the global credit crunch. By refusing to pass on all interest-rate ... we've got more customers, but margins on home loans are still not as high as ...

  • How banks gouge $7b from us 5 Dec 2009 14:26 GMT
    ... After the latest increases, the Treasurer said: "There was no ... lend to customers locally during the global credit crunch. By refusing to pass on all interest ... we've got more customers, but margins on home loans are still not as high as ...

  • African Markets - Factors to watch on Dec 4 4 Dec 2009 06:16 GMT
    ... Dec 4 (Reuters) - The following company announcements, scheduled economic ... monthly U.S. jobs data on Friday, with property and resource shares weighing on Hong Kong ... which are still reeling from the global credit crunch, have largely been unmoved by concerns about ...

  • ECB to set exit in slow-motion, staff to up forecasts 3 Dec 2009 09:39 GMT
    ... ECB to set exit in slow-motion, staff to up forecasts Dutch ... the euro zone's financial system through the credit crisis and limit the recession. Trichet has dropped ... rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party ...

  • ECB keeps rates at 1 percent, to set exit in slow-motion 3 Dec 2009 13:16 GMT
    ... ECB keeps rates at 1 percent, to set exit in ... the euro zone's financial system through the credit crisis and limit the recession. A new set ... rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party ...

  • CIC in '¬800m offer to Apax 3 Dec 2009 00:10 GMT
    ... By Martin Arnold in London and Jamil Anderlini in Beijing ... years ago CIC was heavily criticised at home for spending $3bn to , only for ... private equity group to plummet during the credit crisis. CIC’s deal with Apax is unusual as ...


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