CBA sees post-election mortgage surge

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Commonwealth Bank CEO Matt Comyn said the bank was already starting to see the results of a shift in consumer sentiment following the federal election. The post-election buzz surrounding australia’s property market has resulted in the Commonwealth Bank’s strongest week for loan applications in more than six months, according to CBA CEO Matt Comyn.

Now that’s something you don’t see too often. through to home loan rates. The big banks have always been quick to pass on rate increases and slow to move in the opposite direction. The alacrity.

Commonwealth Bank chief executive Matt Comyn says the lender received more home loan applications in the week after the Coalition’s surprise election win than at any time in the past six months.

CBA sees post-election mortgage surge CBA sees post-election mortgage surge commonwealth bank chief executive Matt Comyn says the lender received more home loan applications. 25 June ABN Group boss Dale Alcock backs APRA call to lower home loan barriers

The benchmark 15-year fixed-rate mortgage fell to 2.84 percent from 2.88 percent. The benchmark 5/1 adjustable-rate mortgage fell to 2.67 percent from 2.68 percent. The historic low rates led to a.

CBA reports post-election spike in mortgage applications Charbel Kadib 06:50 AM, 29 May 2019 4 minute read The number of home loan applications received by the major bank in the week following the federal election hit a six-month high, according to CEO Matt Comyn.

CBA reports post-election spike in mortgage applications . Following his address, Mr Comyn also revealed that the bank experienced a surge in home loan applications via both the proprietary and broker channel following the Coalition government’s election victory.

The post-election rally. YTD highs on mortgage rates, and weak but positive retail sales. (Hoya Capital Real Estate, HousingWire) Every week, we like to dive deeper into some of the more.

Home buying restrictions have been eased, mortgage rates have fallen and a fresh wave of credit. The increase in sales is no better demonstrated that in the chart below, supplied by CBA’s mining.

CBA sees post-election mortgage surge. commonwealth bank chief executive Matt Comyn says the lender experienced a surge in home loan. Michelle Safari liked this. Changes to construction laws are coming.