{"id":28530,"date":"2020-10-26T14:17:53","date_gmt":"2020-10-26T01:17:53","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=28530"},"modified":"2020-10-26T14:17:53","modified_gmt":"2020-10-26T01:17:53","slug":"aussies-rush-for-new-home-loans","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/aussies-rush-for-new-home-loans\/","title":{"rendered":"Aussies rush for new home loans"},"content":{"rendered":"<p><strong>PHOTO:\u00a0 New home loan commitments are surging. Picture: Lachie Millard <span class=\"image-source\"><em>Source: News Corp Australia<\/em><\/span><\/strong><\/p>\n<p class=\"description\">More Australians are seeking to buy a property while interest rates remain at historically low levels, sending new home loan commitments surging.<\/p>\n<div class=\"story-content\">\n<p>Monthly figures from the Australian Bureau of Statistics shows the value of <a href=\"https:\/\/www.google.com\/url?client=internal-element-cse&amp;cx=007736748303843525207:i95wheizs-a&amp;q=https:\/\/propertynoise.co.nz\/au\/home-lending-worst-on-record-but-pm-says-dont-panic\/&amp;sa=U&amp;ved=2ahUKEwjWlaiKi9HsAhXAyjgGHcqSAl4QFjABegQICRAC&amp;usg=AOvVaw30D3e-fm4QK3OjKXEFu1bs\">new loan commitments<\/a> for housing, including by investors, spiked 12.6 per cent in August, with $21.3 billion of property debt added.<\/p>\n<p>ABS head of finance and wealth Amanda Seneviratne said a 13.6 per cent rise in new owner occupier mortgages was the biggest month-on-month surge the bureau had seen in its history of recording that data, eclipsing the previous record of 10.7 per cent set in July.<\/p>\n<div class=\"w650 h365 image media\">\n<div class=\"image-wrapper\"><img fetchpriority=\"high\" decoding=\"async\" class=\" image-loaded\" src=\"https:\/\/cdn.newsapi.com.au\/image\/v1\/c41b878bc6032ab16de53879bbb141b7?width=650\" alt=\"New home loan commitments have experienced the largest month-on-month surge, according to the ABS. Picture: Joel Carrett\/AAP\" width=\"650\" height=\"365\" data-src=\"https:\/\/cdn.newsapi.com.au\/image\/v1\/c41b878bc6032ab16de53879bbb141b7?width=650\" \/><\/div>\n<p class=\"caption\"><em><strong>New home loan commitments have experienced the largest month-on-month surge, according to the ABS. Picture: Joel Carrett\/AAP<span class=\"image-source\">Source:AAP<\/span><\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.domain.com.au\/news\/first-home-loan-deposit-scheme-almost-full-new-data-998692\/\">NEWS.COM.AU<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"The 10 Best Nudist Beaches In Australia\" href=\"https:\/\/propertynoise.co.nz\/au\/the-10-best-nudist-beaches-in-australia\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/01\/Nude-Beach.jpg?fit=1200%2C800&amp;ssl=1&amp;resize=40%2C40\" alt=\"The 10 Best Nudist Beaches In Australia\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; 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Picture: Lachie Millard<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/aussies-rush-for-new-home-loans\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":28531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478111351,478098512,478100412,478098521,478098519,478098535,478098522,478110414,478098513,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509],"class_list":["entry","author-data123nz","post-28530","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-amanda-seneviratne","tag-australia","tag-australian-bureau-of-statistics","tag-australians","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-new-loan-commitments","tag-property","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aussies rush for new home loans - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/aussies-rush-for-new-home-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aussies rush for new home loans - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO:\u00a0 New home loan commitments are surging. Picture: Lachie MillardRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/aussies-rush-for-new-home-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-26T01:17:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/10\/Home-Loans.jpg?fit=1024%2C576&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/aussies-rush-for-new-home-loans\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/aussies-rush-for-new-home-loans\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"Aussies rush for new home loans\",\"datePublished\":\"2020-10-26T01:17:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/aussies-rush-for-new-home-loans\\\/\"},\"wordCount\":240,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/aussies-rush-for-new-home-loans\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Home-Loans.jpg\",\"keywords\":[\"Amanda Seneviratne\",\"australia\",\"Australian Bureau of Statistics\",\"Australians\",\"Home ownership\",\"house prices\",\"interest rates\",\"New loan commitments\",\"property\",\"property investment\",\"property market\",\"Property News\",\"propertynoise\",\"real estate\",\"real estate agency\",\"real estate agent\",\"Real Estate News\"],\"articleSection\":[\"Australian Property &amp; 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