First home buyer approvals surge | Sky News Australia

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New figures have shown lenders are increasingly giving first home buyers “the green light” to get into the property market, according to sophieelsworth

New figures have shown lenders are increasingly giving first home buyers “the green light” to get into the property market, according to News Corp’s Sophie Elsworth.

Exclusive analysis for News Corp Australia by research firm Digital Finance found 70 per cent of first home loan applicants were successful in July this year, up from less than 58 per cent a year earlier. Ms Elsworth told Sky News record low interest rates and a slight decline in house prices have encouraged many would-be first home buyers to “make the leap out into the market.”

 

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sophieelsworth At the same convenient 'good banker' story's timing as the ACCC call for another investigation into banking corrupt and criminal conduct after numerous complaints from Australians

sophieelsworth Nothing to do with loosening restrictions? We've seen this moral hazard before.

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