TMM - News

Record December lending

Monday 22nd of February 2021

In December 2020 home lending jumped to $9.6 billion, up from $9.2 billion in November, and $6.5 billion in December 2019.

The figures are yet more evidence of the surging housing market, fuelled by record low interest rates, relaxed loan to value ratio restrictions, and a shortage of listings. 

Investors borrowed more than $2.4 billion, the most since May 2016, when $2.48...

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