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1.Market Observations, 8.Was Sticky

18 Jan 2017 (AFR) – Housing finance grows in November: loan numbers rise more than expected

(18 January 2017, AFR, p8, by Michael Bleby)

‘Mortgage lending to investors jumped 4.9 per cent in November, defying rising interest rates charged by commercial banks, Australian Bureau of Statistics figures on Tuesday showed.  The monthly gain, faster than October’s 1.5 per cent increase, took investor loan commitments to…’

Read more (and see the graph of monthly commitments) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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