Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11.4 years, according to a new ANZ-CoreLogic report.
Macquarie grew its home loan book by 34 per cent in the past year, but its chief has retained a cautious outlook amid ongoing uncertainty.
Kate Aubrey is the senior content producer of Momentum Media's mortgages titles: The Adviser and Mortgage Business.
Prior to joining Momentum Media, Kate covered regional and breaking news for ABC Radio for more than three years.
She has a Master of Arts in Journalism from the University of Melbourne and a Bachelor of International Business and Business Management from Griffith University.
Email Kate at: This email address is being protected from spambots. You need JavaScript enabled to view it.
Mortgage interest charges have continued to rise, however, have been offset by lower fuel and electricity prices.
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