Home Loan Repayment
$
%
years
Mortgage broker AGF has announced it recorded $5.2bn in mortgages in March, covering 11,235 home loans. It was the Perth-based company's biggest month in its 21-year history.
 
The record was a massive 29% jump on the same month last year, thanks to the increasing property investment activity in Sydney and Melbourne.
 
The company’s sales were strongest in New South Wales with a 47% jump on March 2014 – or a total of $1.9bn. Victoria, on the other hand, had 30%, or $1.2bn.
 
South Australia, Queensland, and Western Australia saw 23%, 16% and 11% increases in sales, respectively.
 
"Volumes in other cities were strong but unspectacular," AFG sales and operations manager Mark Hewitt said. "The combination of rate expectations, with a traditionally buoyant month for property sales, made March a stand-out month."
 
AFG holds some 10% of Australia’s mortgage market. 
 

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now