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LVR stable, despite larger loans

Talk of a property bubble, including one driven by self-managed super funds, "is over-stated at this point", Australia's largest home loan broker believes.The Australian Finance Group said yesterday that it had achieved "another record-breaking month" in September, handling 8,700 loans with a value of A$3.6 billion.One detail of interest is that the average value of a loan was $418,000, up $17,000 from two months ago.AFG said the average loan-to-valuation ratio remained around 68 per cent.

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