Tag: mortgage market trends
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Home Loan Market Stability Amid Rate Adjustments and Uncertainties
Amid speculation of a potential cash rate cut and the recent federal election outcome, Australia’s home loan market maintained stability last week, with most lenders refraining from significant changes in light of uncertainties. The Australian Guide to Buying Your First Home: How to Increase Your Income, Manage Your Mortgage and Get Debt-Free | $18.66 Only…
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Police Bank Slashes Home Loan Rates, Trends Shift Below 5%
Police Bank recently made a significant move by slashing its fixed home loan rates below 5%, a trend indicating potential changes in the mortgage market. The decision saw a reduction of up to 1.15% in three-year rates, dropping them below the 5% threshold. This development comes after two-and-a-half years of average new home loan rates…
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Macquarie Bank’s Home Loan Surge Defies Industry Trends
Macquarie Bank has defied industry trends with a notable 19% surge in its home loan book, marking a significant growth in its market share within Australia’s home loan industry. The bank’s home loan portfolio expanded to $141.7 billion, representing 5.9% of the total Australian mortgage market over the past financial year ending in March 2025.…