AFG Competition Index – January 2015
Non-major lenders grab unprecedented 41% of refinancing loans Non-major lenders wrote 41.4% of all new refinancing loans in December according to AFG, Australia’s largest mortga
Non-major lenders grab unprecedented 41% of refinancing loans Non-major lenders wrote 41.4% of all new refinancing loans in December according to AFG, Australia’s largest mortga
The good news is interest rates are at record lows. The bad news is the average mortgage size in most Australian capitals has hit an all-time high. The challenge for many borrowers
“Money doesn’t grow on trees,” we tell our kids. But do we help them understand where it comes from and what to do with it? Like most good habits, financial respo
Australian Finance Group (AFG) was first made aware of an ASIC investigation regarding Mr Aizaz Hassan through media reports on 6 January 2015. Allegations against Mr Hassan relate
Refinancing surges: borrowers bet on rate cut The proportion of home loan borrowers changing mortgage arrangements surged to 37.3% of all new mortgages in December, the highest lev
Summer once again highlighted the extremities of our harsh Australian weather. In addition to Dorothea Mackellar’s droughts and flooding rains, communities too often contend
AFG, Australia’s largest mortgage broker, passed a milestone today as its loan book hit the $100 billion mark. AFG may not have the public profile of competitors with a retail pr
Only 1 in 50 NSW borrowers a first home buyer – latest figures The proportion of first home buyers in NSW fell to its lowest ever level last month with fewer than 1 in 50 new
With electricity costs rising and temperatures dipping, now is the perfect time to get charged up about changing your home habits. We’ve put together our top tips to help take th
AFG recently approached its lender panel seeking public endorsement of the broker channel. We asked each national residential lender to publicly endorse the importance of the broke
Gone are the days when the only home loan on offer was a principal and interest arrangement, paid by the month over 25 years. Now, home buyers face a bounty of borrowing options, d