Switching and new loans drive quarterly 21% jump in mortgages
The lower interest rate environment has seen a resurgence of home buying, while 3500 mortgage holders have refinanced their loans.
First home buyers are active in the market.
The stimulus of lower interest rates sparked a 16.7% spike in mortgage enquiries last month, with approved new lending for the June quarter up by more than 21% year-on-year, according to latest data.
Lending numbers from credit agency Centrix for June show there are now 1.2 million consumers with a
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