In seasonally adjusted terms, new lending commitments to households rose 3.9% in July 2019, following a 1.9% rise in June. The rise in lending to households was driven by owner occupier dwellings excluding refinancing (up 5.3%), refinancing of household loans (up 5.4%) and investment dwellings excluding refinancing (up 4.7%). New lending for owner occupier dwellings excluding refinancing fell 8.3% on July 2018 and new lending for investment dwellings excluding refinancing fell 20.4% on July 2018. In trend terms, new lending commitments for owner occupier dwellings excluding refinancing rose 0.7% and investment ... (full story)