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
Expert analysis from Kelvin Davidson of Cotality shows falling interest rates are boosting mortgage lending. New lending saw its 10th consecutive monthly rise in April, increasing by $1.7bn year-on-year.
First home buyers (FHBs) are a key driver, with many taking advantage of low-deposit lending. Banks are also showing more flexibility on loan-to-value ratios (LVR) and debt-to-income ratios (DTI).
While money is available for qualified borrowers, the housing recovery's strength depends on broader economic improvement and employment security.
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
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