Mortgage brokers thrive as market share reaches new heights
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
Better Loan Solutions in Mornington Peninsula • Learning Centre • Insights
The mortgage broking industry is going from strength to strength, now capturing 74.6% of the home loan market, despite interest rates remaining at decade-high levels.
Data from the MFAA reveals that brokers are writing more than seven out of ten home loans, with refinancing emerging as a key driver of growth in the current economic environment.
Using a mortgage broker is a great way to compare your options,
and there are a number of reasons why borrowers are choosing
not to deal directly with lenders.
Property prices have surged in several markets since the Reserve Bank of Australia's first interest rate cut in February.
A personal loan can help improve your credit score if managed properly. Regular, on-time repayments show lenders you can handle debt responsibly.