Friday, September 30th, 2011
With recent reports indicating mortgage stress levels are on the rise and the ongoing negative sentiment clouding the property market, the latest Your Mortgage Index is sure to provide some comfort.

The September Your Mortgage Index indicates the market could be poised for an increase in homebuyer activity shortly with 85 per cent of enquiries specifying an intention to secure a loan within the next few months.

The Index is compiled from user activity statistics from leading independent mortgage comparison website, which attracts 165,000 visits per month. Compared to 12 months ago, the website recorded small increases in the proportion of enquiries from prospective first homebuyers as well as those looking to move homes or refinance.

While enquiries from prospective buyers declined in Queensland and Victoria, both NSW and Western Australia saw an upswing in buyer activity, increasing by 2.9% and 3.5% respectively in the last 12 months.

The increase in activity in WA comes amidst news of Perth’s much-awaited 20-year transport plan, Public Transport Plan for Perth 2031, which could ensure a bright future for the city’s property market.

Across the country, standard variable loans continue to be the most popular option for prospective homebuyers, accounting for over half of enquiries over the past 12 months.


The Your Mortgage Index is compiled monthly from information gathered from user activity. For more information please contact:

Lisa Narroway
Communications & Marketing Executive
Key Media Pty Ltd
P: 02 8437 4726
E: [email protected]

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Launched in 1995, provides daily updated interest rate information to Australian home and investment borrowers to assist them in finding the loan that suits their needs. Attracting 165,000 visits per month, is a one-stop resource for home buyers and property investors seeking the latest property news, free reports, price comparisons and loan calculators. features more than 1,400 Australian home and investment loan products from over 80 lending institutions. In addition, users can access exclusive video interviews with industry leaders on Your Mortgage TV, and join the latest discussion on the Your Mortgage forum.
Lisa Narroway
P: 02 8437 4726


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