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Aussie home loan market hit by biggest dip in 16 years

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Australian Broker | 20 Apr 2016, 08:11 AM Agree 0
The average home loan size has fallen to $357,200, with New South Wales enduring its biggest decline on record.
  • Steve McClure | 20 Apr 2016, 09:24 AM Agree 0
    To add context to the statistics, it would be handy to know the number of loans and the proportion of those being refinance or purchase. Some lenders approval turnaround times are 8, 9 & even 12 days, which doesn't reflect numbers slowing. Interesting times.
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