Mortgage broker AFG sees home buyers positioning for rate cut, but laments shortage of homes

by Pelican Press
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Mortgage broker AFG sees home buyers positioning for rate cut, but laments shortage of homes

One of WA’s biggest non-mining ASX successes, national mortgage wholesaler Australian Finance Group, has bemoaned the shortage of housing stock as home-buyers position themselves for an interest rate cut.

AFG chief executive David Bailey said pre-approved home loans through brokers had been running at record levels, fuelled by growing market expectations of a rate cut by as early as December.



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