One of Australia’s biggest mortgage aggregators, Australian Finance Group, says its brokers lodged 61.8 per cent of their loan applications with major banks during the March quarter – an increase of 2.2 percentage points over the previous quarter and the highest share for the big banks since the June quarter in 2020.
Millions of people—both homebuyers and renters—face severe financial stress and the danger of losing their homes, compounded by the soaring cost of living.
First-home buyer numbers in January plunged by 8.1 per cent to the lowest level since February, 2017 - back when a crackdown on interest-only loans sparked a housing market downturn.
Linda shared the choice words with Scott Pape after he ripped into a homeowner for complaining about about his home loan saying he wouldn't take part in a 'pity party'.