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CBA reports post-election spike in mortgage applications

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CBA’s decision to raise rates. borrowers seeking cheaper loans. "More loan applications might sound good but it creates serious problems," said a senior banker, who did not wish to be named. They.

mortgage market index up 0.3% to 384.1 purchase index -0.5% to 238.3 refi index +1.5% to 1185.7 30yr mortg rate rises 1bp to 4.65% highest since Jan 2014.

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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. Mr Comyn cautioned against reading too much into the uptick – which also followed APRA’s proposal to ease.

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.

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CBA reports post-election spike in mortgage applications 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, via The Adviser. CBA stated that the green mortgage initiative will be formally launched in the coming weeks.

 · After Donald Trump emerged the winner, total mortgage application volume fell 9.2 percent on a seasonally adjusted basis last week. Mortgage applications tank 9% as post-election.

At commonwealth bank 90 day arrears in June. from A$1.88 billion a year earlier. MORTGAGE PRESSURE ANZ said it had introduced clearer lending approval processes and instructed staff to speed up.

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Mortgage rates. article that the post-election spike in mortgage rates had had a cooling effect on homebuyers’ enthusiasm. That appears to be confirmed by today’s Mortgage Bankers Association’s.

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Commonwealth Bank CEO Matt Comyn’s address to the Trans-Tasman Business Circle. Emilia Widjaja liked this CBA reports post-election spike in mortgage applications -.

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.