Mortgage Index – February 2015
Massive home loan grab by big banks: January figures Major lenders grabbed an additional 7.4% of the home loan market in January, a huge gain
Massive home loan grab by big banks: January figures Major lenders grabbed an additional 7.4% of the home loan market in January, a huge gain
Non-major lenders grab unprecedented 41% of refinancing loans Non-major lenders wrote 41.4% of all new refinancing loans in December according to AFG, Australia’s largest mortgage broker.
Refinancing surges: borrowers bet on rate cut The proportion of home loan borrowers changing mortgage arrangements surged to 37.3% of all new mortgages in December,
Only 1 in 50 NSW borrowers a first home buyer – latest figures The proportion of first home buyers in NSW fell to its lowest
1 in 3 home loan borrowers refinance with non-major lenders 34% of borrowers who refinanced their home loans last month did so using a non-major
Record high for home loans in October Investment loans ease – but first home buyers at lowest levels ever AFG, Australia’s largest mortgage broker, processed
Investors drive demand for home loans to record high – September data First home buyers fall to record low. Strong demand from investors drove the
FIRST HOME BUYING PLUNGES TO 4 YEAR LOW – LATEST AFG MORTGAGE INDEX Fewer mortgages were arranged for first home buyers last month than at any
VICTORIA EMBRACES BROKERS AS HOME LOANS SURGE TO RECORD HIGH – LATEST AFG MORTGAGE INDEX Demand for mortgages from brokers surged to an all-time high last
Non-major lenders struggle for share of competitive home loan market Non-major lenders have struggled to increase their collective monthly average of 25% of all home