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A mortgage broker network has slammed the Reserve Bank for what it calls a complete lack of common sense after the bank decided to keep official interest rates on hold.
Adelaide has always been a subdued market; free from the volatility of some of Australia’s other capitals. Property movements are thoughtful and gradual, like the tortoise to the resource states’ hares.
AFG, Australia’s largest mortgage broker, processed more home loans last month than in any January before, according to new figures published today.