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Home loan activity leaps 15%

Demand for housing finance has rebounded significantly from the COVID-19-related slump, while Melbourne auction volumes have overtaken Sydney, according to data.

Home loan activity leaps 15%
Home ownership listed as a top goal: survey

Buying a house is one of the top three savings goals for Australians, while the majority expect property prices to hold steady or rise in the near future, according to a survey.

Home ownership listed as a top goal: survey
LATEST PODCAST: What’s being done to support home building?

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: What’s being done to support home building?
Industry veteran Steve Kane retires

Steve Kane, NAB’s longstanding executive for broker distribution, has announced his retirement from the major bank after nearly 30 years in the industry.

Industry veteran Steve Kane retires
CDR poses risk and opportunities for brokers

While CDR and open banking could pose a risk to brokers retaining their clientele, their value proposition would lie in the insight and advice they offer to their clients, according to the ...

CDR poses risk and opportunities for brokers
Vic homes spend shortest time on market in 11 years

Despite being severely impacted by the COVID-19 pandemic, the demand for Victorian housing remains strong, with average time on market at its lowest level in over a decade.

Vic homes spend shortest time on market in 11 years
Home ownership intentions double among FHBs

The number of first home buyers looking to enter the market has more than doubled since 2019, according to a Westpac survey.

Home ownership intentions double among FHBs
Residential work done dips to 6-year low

Preliminary ABS data has revealed that the value of residential construction work done has declined in the September quarter to its lowest level since 2014.

Residential work done dips to six-year low
Auction volumes hit 6-month high

There were a total of 1,791 auctions held last week, the highest number of auctions held since the week before Easter.

Auction volumes hit 6-month high
Declining mortgage rates expected to continue: RBA

The average mortgage interest rate paid by households is expected to continue to decline “for a while yet”, according to the central bank.

Declining mortgage rates expected to continue: RBA
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