News
Lending on new mortgages plummets

Friday 27th of May 2022
New lending to investors dropped by a whopping 41.4% annually to sit at a 17.1% market share of all mortgages.
The share of new mortgage commitments to investors with high LVR (60%) dropped from 32.1% to 30.1%, indicating they are still sitting on the fence and not buying while the effect of higher interest rates kick in and the removal of mortgage interest against expenses is worked th...
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