Mortgage Business Loan commitment levels continue to soar By Malavika Santhebennur 02 February 2021 New home loan commitments have continued to soar and break records, driven by owner-occupier home loans, first home buyers and even investors, according to data. The Australian Bureau of Statistics’ (ABS) Lending Indicators data for December 2020 has revealed that the total value of new housing loan commitments rose by 8.6 per cent (seasonally adjusted) in December to $26 billion, a 31.2 per cent rise on December 2019. This has increased from November 2020, when ABS data had revealed a 5.6 per cent rise in the total value of new housing loan commitments to $24 billion (seasonally adjusted).