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1.Market Observations, 8.Was Sticky

20 Apr 2017 (AFR) – First home buyers boom with entry-level mortgages highest in 3 years

(20 April 2017, AFR, p3, by Michael Bleby)

‘First home buyers are surging into the housing market at their fastest rate in over three years even as lending standards continued to tighten, new figures showed on Wednesday. Mortgage lodgments by first home buyers rose to 10 per cent in the three months to March, the highest level since the September quarter of 2014, listed mortgage broker AFG said.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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