It appears that buying an investment property continues to be a major goal in the minds of Australians – something that mortgage brokers could no doubt benefit from. Realestate.com.au conducted a survey that examined what sort of property-based New Year’s resolutions Aussies had made. It turns out that saving up for investment real estate, as […]
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There are various conditions that mortgage brokers operate in, and it’s important they are aware of each one of them. The Mortgage Brokers in Australia report by IBISWorld explores these areas and what they mean for those in the business. Let’s delve into a few of these important factors that shape the mortgage brokering landscape. […]
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Taking your career to the next level and becoming a mortgage broker with Redrock will open up a world of new opportunities for you. Whether you are wanting to become a sole broker or add another dimension to your existing business, mortgage broking allows you to be self-employed and also have a foot in the […]
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Understanding borrowing activity in the market can give you important insights as a mortgage broker. It’ll clue you in to the sort of products and borrowers you’ll be working with. With this in mind, let’s take a look at recent figures from the Australian Bureau of Statistics (ABS) looking at movement in investment and owner-occupier […]
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If you’re getting mortgage broker training or about to make the leap yourself, it’s always good to be aware of movements in both the housing and finance markets. The demand for different products increase and wane based on a variety of different factors. Let’s take a look at how each type of residential financing is […]
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Becoming a mortgage broker in Australia can earn you great rewards. High-commission returns and the ability to run your own business with very few overheads allows for great opportunities in terms of growth. You don’t even have to stop what you’re doing to become a mortgage broker. You can simply add it to the list […]
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A December 7 case study by McCrindle explores Australia’s literacy when it comes to understanding financial terms and products. You might find the results quite interesting and have you looking up some definitions yourself.“This research shows more than a third of mortgage holders do not understand basic mortgage terms such as split home loans, redraw […]
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For the mortgage broker business to flourish, there needs to be a constant stream of demand for housing. A December 6 CoreLogic RP Data reveals that cumulatively, capital city home values rose by 30.1 per cent over the current growth stage to November 2015. Clearly, demand is in no shortage, particularly in several cities. However, […]
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If you’re training to become a mortgage broker, there are a few things you’ll be well-informed about. This includes the Reserve Bank of Australia’s (RBA) monthly cash rate decision, which tends to have major impacts on mortgage rates. For the seventh month in a row, the Reserve Bank has left the cash rate unchanged at […]
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As technology continues to evolve and twist in surprising ways, it brings many benefits – and concerns. Several industries and services are finding themselves losing business against some of these new inventions, particularly those in the realm of online and mobile applications. As mortgage brokers, how do we affirm the importance of our role and […]
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