PERTH-based Aspen Group expects to weather concerns about rising interest rates with strong pre-sales to underpin its results in 2010-11.

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Aspen Group builds strong growth
September 3, 2010
Australian real estate news
PERTH-based Aspen Group expects to weather concerns about rising interest rates with strong pre-sales to underpin its results in 2010-11.

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Aspen Group builds strong growth
Staff Reporter The property market may see interest rates on hold for some time if the Reserve Bank’s August meeting minutes are anything to go by.
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RBA "comfortable" with cash rate
Fixed interest rates are becoming more competitive and therefore more attractive to borrowers, according to Smartline’s general manager Jayson Billings.
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Fixed rates become more attractive
By: Staff Reporter Weak sales figures in the property market have reinforced industry calls for a hold on interest rates according to a leading industry body.
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Weak property market signals need for rate hold
CEO call for hold on interest rate rises
CEO of Australia’s largest independently-owned mortgage broker, Mortgage Choice, believes the latest ABS Consumer Price Index (CPI) strongly supports a hold to the cash rate for at least the September quarter.
Australia’s biggest banks could be forced to raise interest rates independently of the Reserve Bank to cover higher funding costs.
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Bank executives are among those hoping for an early federal election, and many lenders are feeling the squeeze of rising funding costs but are unwilling to independently increase mortgage rates.
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The RBA didn’t raise interest rates this month, we’re looking into the next financial year and we’ve got loads of tips for First Home Buyers – from building Fibro houses to getting a loan by Mum and Dad going Guarantor.
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The RBA’s move, into 2011 and fibro homes: This Week’s Picks
Official interest rates are likely to be reduced, according to mortgage broker Loan Market.
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Interest rates could fall
Property investments in Australia will continue to generate higher returns say economists. However fewer first time buyers and increasing interest rates will result in slower residential property price growth, as reported in the Residential Property Prospects Report 2010 to 2013 from BIS Shrapnel. Senior project manager Angie Zigomanis said first time buyer activity has dropped after the expiry of the first homeowner’s grant boost at the end of 2009.
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Rental incomes will continue to rise in Australia because of a lack of supply say economists
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