Original article by Nila Sweeney
The Australian Financial Review – Page: Online : 24-Jun-21
Solo first home buyers accounted for 38 per cent of ME Bank’s home loan applications in 2020, up three per cent on the previous year. Single women accounted for 49 per cent of all solo home loan applications, down one per cent on the previous year. ME Bank also reported that single men made their first home loan application at the average of 32 in 2020, down from an average age of 35 in 2018. Single woman took out their first home loan application at the average age of 34 in 2020, also down from an average age of 35 in 2018.