Home loans up

The housing sector is showing tentative signs of recovery as buyers take advantage of low interest rates. The number of home loans taken out in February rose 2 per cent, despite the percentage of loans taken out by first home buyers falling to 14.4 per cent, the lowest since 2004.

The housing sector is showing tentative signs of recovery as buyers take advantage of low interest rates. The number of home loans taken out in February rose 2 per cent, despite the percentage of loans taken out by first home buyers falling to 14.4 per cent, the lowest since 2004.

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