Home loan values see biggest jump in 18 years: CommSec

Discussion in 'Loans & Mortgage Brokers' started by Hari Yellina, 16th Sep, 2020.

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  1. Hari Yellina

    Hari Yellina Well-Known Member

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    home loan values.jpg
     
    Hari Yellina, 16th Sep, 2020
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  2. MTR

    MTR Well-Known Member

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    Due to Stimulus package, new builds
     
    MTR, 16th Sep, 2020
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  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    46% of that was refinancing. Low rate fixed term loans ?
    The newly erected and newly construction seems on par with the refinance. With first home buyers being a part of it.

    ScoMo and Josh will like this data but the Vic lockdown wont be helping this to be sustained. The leadtime from initiation to settlement is around 40-60 days so the Vic lockdown isnt really in this data.
     
    Paul@PAS, 16th Sep, 2020
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