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There is more evidence of investors returning to the property market, with the value of investment finance rising by 3 per cent in March. There has also been a fall in the number of owner-occupier home loans approved during March. Australian Bureau of Statistics (ASX: ABS.ax) figures show a 3.4 per cent slide in March …
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Demand for home loans continued to fall in February, even before the two latest interest rate increases, data released on Monday shows, according to a Yahoo Finance article published on 12/04/2010. Just 50,287 mortgages were granted to owner-occupiers in February, down by a seasonally-adjusted 1.8 per cent compared to January, the fifth consecutive month of …