Mortgage Market

The mortgage market in Australia consists of a range of financial institutions both large and small including the big four banks (Commonwealth Bank of Australia, ANZ, NAB and Westpac) and many non-bank lenders that provide money for people to borrow to purchase property. As the cash rate and Money Market rates fluctuate, the mortgage market responds and shifts its interest rates accordingly.

Home buyers or investors wanting to take out a mortgage may look into the mortgage market to see what mortgage lenders are currently offering as well what the market was like historically and what the future predictions of the market may be. By doing this borrowers can see when the right time to borrow is and when the mortgage market is at its best.