TMM - News
The takeover: more mortgages for FHBs

Friday 28th of June 2019
The Reserve Bank’s May lending figures are out and they show that, for the first time ever, first homes buyers borrowed more than investors did.
A total of $6.47 billion was borrowed for mortgages in May and first home buyers were responsible for $1.15 billion of that.
That’s as compared to the $1.14 billion in mortgage lending that went to investors in May.
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