The New Loan Refinancing Dynamo Continues In October!

We look at the latest lending stats from the ABS. Overall new loan volumes are down, but refinancing is still running at circa $12 billion a month, close to record highs. On the other hand, first time buyer volumes are down. But the average new loan is growing again, which may be a sign of more equity-mate style redraws.

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Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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