June home loan approvals fall on fewer refinancings

07 August 2019

 

Since late 2017/early 2018, a very clear downtrend has been evident in the monthly figures of both the number and value of home loan commitments. After the figures from February were released, some economists speculated the worst may have been over. However, the latest figures have only continued the downtrend and economists are still waiting for the effects of an unexpected federal election outcome to feed into demand for mortgages....

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