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AFG has enjoyed another stellar month, with volumes and home loan sales at record levels.
The aggregator processed a record $4.8 billion of loans in October, which represented a 17.2 per cent increase on the previous year.
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Home loan numbers also reached record levels, after climbing nine per cent to 10,463.
AFG also posted record results in both categories in September.
The average mortgage in October rose 7.6 per cent to $454,000, while the average LVR fell from 69.1 per cent to 67.9 per cent.
The major banks went backwards in October, with the big four's mortgage market share falling from 74.9 per cent to 71.7 per cent.
Investors increased their mortgage share from 38.4 per cent to 38.7 per cent, while first home buyers saw their share decline from 11.1 per cent to a record-low 7.2 per cent.
AFG's general manager of sales and operations, Mark Hewitt, said October was usually a busy month for property, which explained the increase in investor activity.
"Of particular concern, however, is that first home buyer loans have fallen to unprecedented lows in places like New South Wales," he said.
"If this continues we are going to end up with a whole generation of renters."
[Related: AFG expresses concern about first home buyer activity]
