Low interest rates and government incentives are driving high loan commitments

Andrew Lotherington
February 10 2021 - 6:00pm
LOOK FOR A BETTER DEAL: Money Quest Finance Specialist, Ian Behan, said now was the perfect time to refinance your existing loans due to record low interest rates. Photo: Andrew Lotherington
LOOK FOR A BETTER DEAL: Money Quest Finance Specialist, Ian Behan, said now was the perfect time to refinance your existing loans due to record low interest rates. Photo: Andrew Lotherington

THE latest ABS data shows the value of new loan commitments for housing reached record highs in December 2020 and local mortgage brokers see no sign of the spending slowing down.

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Andrew Lotherington

Andrew Lotherington

Advertising Features and Special Publications Journalist

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