Ensure you never miss an issue of the
real estate business bulletin
Buyer demand to remain strong: Mortgage Choice

Buyer demand to remain strong: Mortgage Choice

by Reporter 0 comments

More than one third of Australians plan to buy a property in the next two years despite concerns of rising interest rates, higher living costs and doubts over job security, according to Mortgage Choice’s 2009 Consumer Sentiment Survey.

The results reflect a positive economic outlook for the mortgage and real estate industry, with 40 per cent of respondents believing they could afford to make repayments at an interest rate of over 11 per cent.

Mortgage Choice senior corporate affairs manager, Kristy Sheppard said: “Since the global financial crisis hit home, more borrowers are taking ownership over their financial situation, and although many see rates as concerning, a high percentage are prepared for rate rises.”

“This suggests many borrowers can comfortably repay their home loan sooner, if they put their mind and budget to it,” Ms Sheppard said.


le>.b-autolinks{text-decoration:underline}.b-autolinkshadowbox { display: inline; position: relative; cursor: pointer; color: #428bca;} .b-autolinkshadowbox:hover > span { display: block !important; } .b-autolinkshadowbox__links { white-space: nowrap; z-index: 999; display: none; left: 0; border: 1px solid #bfbfbf; border-radius: 5px; font-size: 12px; top: 12px;color: #000; padding: 10px; position: absolute; background-color: #FFF; box-shadow: 0px 0px 20px 1px #bfbfbf; } .b-autolinkshadowbox__links > a { display: block; padding: 3px 0; }
Buyer demand to remain strong: Mortgage Choice
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
The keys to success for a career in real estate

AREC 2018 is a two-day event held at the end of May on the Gold Coast. This annual event offers unique insights and ideas from some of the m...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Perhaps - make me an offer
Do you have an industry update?