Mortgage Index – July 2008
Upper end resilient as mortgage ‘recession’ confirmed The national slowdown in mortgage sales continued during June, with the volume of mortgages sold by AFG, Australia’s largest mortgage broker, declining 9.2% on figures for May, and 22.0% compared to June 2007.AFG sold 5,939 mortgages in June 2008, totalling $2 billion in finance, compared with 8,195 mortgages […]