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AFG is on track for a bumper month and may even top its previous high of $3.1 billion in applications achieved in May 2007.
According to Mark Hewitt, AFG general manager of sales and operations, the upswing in volume has been across the board, indicating that market activity is not confined to first home buyers alone.
“Around 26 to 27 per cent of our volumes are from the first home buyer market, which is consistent with national averages, but we are also seeing strong activity across other market segments,” he told Mortgage Business.
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“At this stage of the month we’re confident that we’ll come close to our best month and there’s every chance we’ll beat it”.
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