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Monday, November 04 2013

The latest mortgage index from Australian Finance Group (Australia's largest finance aggregator has shown a significant increase in activity with just over $4 billion in loans being written for October. Nearly $1 billion more than this time last year. Investment lending remains strong accounting for 38% of all loans written.

The growth in lending is underpinning the increased activity we are seeing in the property market.

Posted by: Greg Carroll AT 10:47 pm   |  Permalink   |  Email