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Loan Modification

: Mortgage Lender Implode-o-Meter

Economy Watch: Oz Housing Finance Weaker

By Implode-Explode Heavy Industries

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"The market got it broadly correct in forecasting Australian housing finance numbers for March, given the 3.4% decline in owner-occupier finance numbers is not far from the consensus estimate of a 3.0% fall. As National Australia Bank Capital chief economist Robert Henderson notes, the March fall comes on the back of 2% decline in February."

Full post as published by Mortgage Lender Implode-o-Meter on May 12, 2010 (boomark / email).

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