Report: House buyers paying less for mortgage

The average first-time house buyers are paying a smaller proportion of their wages in mortgage repayments compared with a year ago, according to a new report.

Report: House buyers paying less for mortgage
Fri, 04 Jan, 2008 - 14:56
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The average first-time house buyers are paying a smaller proportion of their wages in mortgage repayments compared with a year ago, according to a new report.

Figures released by the EBS/DKM Affordability Index reveals the trend will continue to improve throughout the course of 2008.

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