AFG Competition Index October 2012
NON MAJORS GRAB MARKET SHARE AS BORRWERS REFINANCE Non major lenders have seized market share from the Big Four banks and their subsidiaries over the past year, with their market s
NON MAJORS GRAB MARKET SHARE AS BORRWERS REFINANCE Non major lenders have seized market share from the Big Four banks and their subsidiaries over the past year, with their market s
AFG WELCOMES RATE CUT DECISION AFTER A FLAT SEPTEMBER: LATEST MORTGAGE FIGURES AFG, Australia’s largest mortgage broker, welcomes yesterday’s RBA rate cut after latest figure
AUGUST WAS STRONGEST MORTGAGE MONTH FOR THREE AND A HALF YEARS: AFG AFG, Australia’s largest mortgage broker, processed more home loans in August than since March 2009, accordi
STRONGEST JULY IN 5 YEARS AS FIRST HOME BUYERS RETURN AFG, Australia’s largest mortgage broker, processed more home loans last month than for any July since 2007 according to n
REFINANCING PEAKS AS BORROWERS ABANDON FIXED RATE LOANS – JUNE FIGURES Two in five new mortgages in June were arranged for borrowers choosing to refinance their properties, acc
BIGGEST MONTH FOR MORTGAGE SALES IN 3 YEARS – MAY FIGURES AFG, Australia’s largest mortgage broker, processed more home loans in May than in any month since March 2009, accor
SOFT APRIL HOME LOAN FIGURES EXPOSES NEED FOR CONFIDENCE BOOSTING RATE CUTS Reduced demand for home loans in April shows why meaningful home loan rate reductions are necessary ac
FIXED RATE MORTGAGES HIT FOUR YEAR HIGH AS PROPERTY MARKETÂ BECOMES A TALE OF TWO SEABOARDS One in four new borrowers in March chose to lock in their home loan rate, according to f
HIGHEST FEBRUARY MORTGAGE SALES ON RECORD AS FIXED RATE LOANS PEAK Average new home loan reaches $400k for first time ever AFG, Australia’s largest mortgage broker, had its high
MASSIVE SWING BACK FOR JANUARY MORTGAGE FIGURES, BUTÂ BORROWERS PLAY WAIT AND SEE ON RATES Mortgage sales for January were much higher than in the same month last year, when floods
DRAMATIC HOME LOAN GRAB BY NON MAJOR LENDERS: DECEMBER FIGURES Non major lenders increased their share of the home loan market by almost a quarter in December, according to figur
BORROWERS DEFY GLOBAL GLOOM – RATE CUT SEES MORTGAGE MARKET LEAP 18% IN NOVEMBER Record 2 in 5 new mortgages for investors Mortgage borrowers defied the global gloom in November