Mortgage News

Mortgage Deferral Down At $32 Billion—Should You Worry?

personOtto Dargan access_timeMarch 7, 2021

The economic crisis brought by the COVID-19 pandemic last year prompted lenders to grant a mortgage deferral to borrowers. The mortgage ‘holiday’ acted as a relief for many. Of the total home loan takers across lender banks, 10% accepted the offer and paused their...

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Auction Figures Declining After A Steady Rise

personOtto Dargan access_timeMarch 5, 2021

Auction volume has dipped this week following an acceleration in the previous weeks. Typically the market peaks before Easter, so it’s no surprise to see this drop-off, but given the current surge in prices, the market might behave differently in 2021. Fewer homes are scheduled...

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