Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Refis wedge prop under market 'plunge'

Notify me of new replies via email
Australian Broker | 14 Dec 2011, 03:00 AM Agree 0
Refinancing kept the home loan market from plummeting fiurther this year as it underpinned a slight rise in housing finance
  • Jerry | 14 Dec 2011, 12:47 PM Agree 0
    This is great news for consumers, with the action heating up in refis, lenders will have to get competitive or lose market share
  • Mat | 15 Dec 2011, 10:14 AM Agree 0
    Am I missing something? How can a refinance contribute to a rise in housing finance. For every lender gaining a refinance deal, there is another lender losing a loan. Are we talking overall debt levels, or just transaction volume?
Post a reply