More people are getting mortgages approved as they prepare for the Official Cash Rate to fall further.

Latest Centrix figures show mortgage enquiries are up 16% for the month of July and new mortgage lending rose almost 25%.

Key Mortgages broker Jeremy Andrews told Andrew Dickens many people are getting approved and just holding off.

He says there's been more activity lately - with one client of his going to auction, and nine people registered to bid.

LISTEN ABOVE

More people are getting mortgages approved as they prepare for the Official Cash Rate to fall further.
Latest Centrix figures show mortgage enquiries are up 16% for the month of July and new mortgage lending rose almost 25%.
Key Mortgages broker Jeremy Andrews told Andrew Dickens many people are getting approved and just holding off.
He says there's been more activity lately - with one client of his going to auction, and nine people registered to bid.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Jeremy Andrews: Key Mortgages broker on more people getting mortgages approved

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f7e0fc44-ef49-4625-879d-b34b012e0b1a/transcript