Building on comments from CBA CEO Matt Comyn that the bank has already seen a surge in home loan applications via both the proprietary and broker channel following the Coalition government’s election victory, several representatives from the property industry have also suggested that the market is more optimistic now.
Commonwealth Bank chief executive Matt Comyn says the lender experienced a surge in home loan applications following the Coalition’s election win.. News Tips. Business. banking. cba sees post-election mortgage surge. cba sees post-election mortgage surge. Stuart Condie. AAP. Tuesday, 28.
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· Australia’s households are among the world’s most indebted after bingeing on more than A$1 trillion ($766 billion) of mortgages amid a housing boom that’s fizzled out in parts of the country.
Market Analysis: The Post-Election Market in 2019 23 May 19 And thus another federal election draws to a close. It was one of the most surprising in Australia’s history, with the result catching more than a few people off-guard (just ask Sportsbet, who paid out early on Labor to the tune of $5.2 million ).
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‘Strong rebound’: CBA home loan applications hit 10-month high post election 05-28 watoday.com.au The Commonwealth Bank’s incoming home loan applications jumped to a 10 month high in the week following the Coalition’s surprise election win, in the latest.
· A sharp spike in interest rates following the election of Donald J. Trump last week threw icy cold water on the mortgage market. total mortgage application volume fell 9.2 percent on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers Association. Applications, however, were 12 percent higher than one year ago.
Mortgage Rates See Glimmer of Hope After Jobs Data. Mortgage rates fell again today after the jobs report showed slower payroll growth in July and persistently flat wage growth. On average, this is the most important piece of economic data for interest rates over the years as it speaks both to economic.