Mortgage size offsets approval numbers in November

16 January 2020

 

A very clear downtrend was evident in the monthly figures of both the number and value of home loan commitments through late 2017 to June 2019. Then the RBA began to reduce its cash rate target in a series of cuts. Both the number and value of mortgage approvals began to noticeably increase during that time. November’s housing finance commitment figures have now been released and the total number of...

read full story