Feature article
Shifting tides: lower interest rates begin to fuel a hotter lending market
Drawing on expert analysis from Cotality’s Kelvin Davidson
AI summary
Analysis from Kelvin Davidson of Cotality shows falling interest rates are boosting mortgage lending. New lending volumes are rising, with April figures showing a significant year-on-year increase.
First home buyers are a key driver, benefiting from more flexible bank criteria:
- Many are securing loans with less than a 20% deposit.
- Banks are showing more leeway on high debt-to-income ratios.
The key message is that money is available, but economic factors like job security remain an important consideration.
The Domino Effect of Rate Cuts
Lending Volumes on the Rise
First Home Buyers Seize the Opportunity
A Clear Shift in Lending Attitudes
What This Means for You
Author
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