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Mortgage index confirms FHB surge

Staff Reporter 1 minute read

The latest AFG Mortgage Index released today has confirmed that first home buyers are rushing to take advantage of government grants and historically low interest rates.

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Total mortgage sales for AFG reached $2.6 billion in February – the highest monthly volume the group has recorded since November 2007.

Of those sales, first home buyers comprised a substantial 26.1 per cent of all mortgages sold.

 

Mortgage index confirms FHB surge
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