Summary: Value of loan commitments up 4.9% in March; 26.3 lower than March 2022; Westpac: evidence of clear stabilisation in housing markets; value of owner-occupier loan approvals up 5.5%; investor approvals up 3.7%; number of home loan approvals up 6.5%. The number and value of home-loan approvals began to noticeably increase after the RBA reduced its cash rate target in a series of cuts beginning in mid-2019, potentially ending the...