Home loans rose 0.9% in Sept

Commercial loans and leasing finance both jumped strongly in September while owner-occupier home loans edged higher.

Home loans for owner-occupiers rose 0.9 per cent to $19.9 billion in September.

Meanwhile, the value of new personal loans was down 0.3 per cent to $6.8 billion in the month, according to seasonally adjusted figures from the Australian Bureau of Statistics.

Commercial loans, which include investor mortgages, jumped 2.7 per cent to $40.8 billion, while lease finance also leapt 9.2 per cent to $556 million.