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Mortgage demand plunges amid lockdowns

September 23, 2021 - 10:00 -- Admin

CBA has released internal data on lending, which shows that new mortgage lending eased in August amid lockdowns. The share of fixed rate lending also eased from recent highs: New lending for housing eased in August, with housing activity dampened by the lockdowns. The share of fixed rate lending remains high, but below recent peaks.

The post Mortgage demand plunges amid lockdowns appeared first on MacroBusiness.

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