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Interest Rate Increases Bite Hard

National 

Interest Rate Increases Bite Hard

May 28, 2008 Marc Pallisco Interest Rate Increases Bite Hard, National, Real Estate News

‘Renters and buyers are feeling the fallout from consecutive interest rate rises,’ says Noel Dyett, President of the Real Estate Institute of Australia (REIA). ‘The Deposit Power/REIA March quarter 2008 Housing Affordability Report shows a deterioration in both rental and home loan affordability across Australia.’

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