Mortgage recession confirmed in June
The national slowdown in mortgage sales continued during June, with the
volume of mortgages sold by AFG, Australia’s largest mortgage broker,
declining 9.2% on figures from May, and 22.0% compared to June 2007.
The national slowdown in mortgage sales continued during June, with the
volume of mortgages sold by AFG, Australia’s largest mortgage broker,
declining 9.2% on figures from May, and 22.0% compared to June 2007.