After a change in career? Becoming a mortgage broker might be the best option for you, especially considering the current building approvals trend, according to the Housing Industry Association (HIA) in a February 2 media release. Australia is past the peak of building approvals seen toward the start of 2016, however the slight drop since […]
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Building your business from the ground up in the mortgage broking industry isn’t as hard as you might think. In the past, hopeful brokers have had to rely on their business nous and people skills to reach their customers – now, technology can help you to achieve your goals. When you become a mortgage broker […]
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Have you been keeping track of the median dwelling values around the country in the last year? If you have, you’ll already know how much Sydney has been increasing, and Melbourne, Brisbane and Canberra aren’t too far behind. Why is that good news for people looking to start a mortgage broker career? People still need […]
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Have you been thinking about a change of career for a while? Now’s as good a time as any – particularly in the New Year. A new career might have been on the horizon, and you decided to make it a New Year’s resolution. Well, becoming a mortgage broker will check that box, and put […]
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Are you looking to take advantage of the Australian property market boom and become a mortgage broker? Deloitte figures showed the country’s residential real estate home loan market was worth a staggering $1.4 trillion last year. Figures from the Mortgage & Finance Association of Australia (MFAA) revealed more than half of home loans were settled […]
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Melbourne and Sydney continue to rule the roost in Australia’s real estate market, which makes them prime locations for people considering a mortgage broker career. Recent analysis from CoreLogic showed that properties were snapped up within 39 days on average across the combined capitals in September 2016, while in the same month last year the […]
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Australians continue to believe that purchasing a home in today’s market is an attractive proposition, despite the fact prices remain on an upward trajectory. Figures from the latest CoreLogic-TEG Rewards housing sentiment survey revealed that nearly 70 per cent of people polled believed now is a good time to buy property in Australia. This was […]
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Want to add to the 5,850 mortgage broking businesses in Australia? IBISWorld states that it’s a $2 billion industry, and becoming a mortgage broker through Redrock will put you in a great position to succeed in the marketplace. What’s making mortgage broking even more enticing? The fact that the premiums in the Sydney and Melbourne […]
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A decade ago, the median dwelling value in Australia was under $350,000. That’s according to a CoreLogic RP Data article from October 10. Now, the national median dwelling value is just below $500,000, and the CoreLogic monthly indices show that the current median dwelling value across the five largest capital cities is $781,580. The past […]
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Have you ever thought about how the official cash rate (OCR) affects the housing market? As a mortgage broker, you will have control over how any changes made to the cash rate affect your interest rates. When the OCR is lowered, some banks and other lending institutions lower their interest rates. The latest decision from […]
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