{"id":17411,"date":"2019-03-11T16:24:45","date_gmt":"2019-03-11T03:24:45","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=17411"},"modified":"2019-03-11T16:24:45","modified_gmt":"2019-03-11T03:24:45","slug":"lenders-cut-rates-and-boost-terms-to-test-property-bounce","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/lenders-cut-rates-and-boost-terms-to-test-property-bounce\/","title":{"rendered":"Lenders cut rates and boost terms to test property bounce"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0Less stock is generating competition among buyers.\u00a0<cite class=\"_23SOU\">Peter Rae SMH<\/cite><\/strong><\/p>\n<p>Lenders are aggressively targeting cashed-up borrowers with autumn offers ranging from &#8220;no deposit&#8221; mortgages to doubling Velocity Points in a bid to sustain this weekend&#8217;s improvement in property sales.<\/p>\n<p>Clearance rates climbed to about 52 per cent over the weekend, compared to about 50 per cent the previous week, albeit at much lower volumes because four of the nation&#8217;s eight states and territories had a long weekend.<\/p>\n<p data-gtm-vis-first-on-screen-7770372_137=\"6025\" data-gtm-vis-total-visible-time-7770372_137=\"4000\" data-gtm-vis-recent-on-screen-7770372_137=\"21190\" data-gtm-vis-has-fired-7770372_137=\"1\">&#8220;Next week will be a big test for the market,&#8221; said Steven Lusi, a director of Melbourne-based Direct Property Group, who said increased volumes will reveal any change in market direction.<\/p>\n<p data-gtm-vis-first-on-screen-7770372_137=\"6025\" data-gtm-vis-total-visible-time-7770372_137=\"4000\" data-gtm-vis-recent-on-screen-7770372_137=\"21190\" data-gtm-vis-has-fired-7770372_137=\"1\">READ MORE VIA <a href=\"https:\/\/www.afr.com\/real-estate\/lenders-cut-rates-and-boost-terms-to-test-property-bounce-20190310-h1c7ht\">AFR<\/a><\/p>\n<p data-gtm-vis-first-on-screen-7770372_137=\"6025\" data-gtm-vis-total-visible-time-7770372_137=\"4000\" data-gtm-vis-recent-on-screen-7770372_137=\"21190\" data-gtm-vis-has-fired-7770372_137=\"1\">\n<p>https:\/\/www.instagram.com\/p\/BuUkQr6FdBp\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0Less stock is generating competition among buyers.\u00a0Peter Rae SMH<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/lenders-cut-rates-and-boost-terms-to-test-property-bounce\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":17412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478103258,478098892,478103995,478098566,478098519,478098535,478098522,478103994,478098537,478098543,478098556,478098513,478103996,478099125,478098579,478098510,478099918,478098514,478098511,478098705,478098533,478098509,478098536,478098618],"class_list":["entry","author-data123nz","post-17411","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-clearance-rates","tag-corelogic","tag-direct-property-group","tag-first-home-buyers","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-lenders-cut-rates","tag-melbourne","tag-mortgages","tag-nsw","tag-property","tag-property-auctions","tag-property-crash","tag-property-market","tag-property-news","tag-property-sales","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-sydney","tag-sydney-property"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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