With interest rates tumbling to historic lows, it seems unlikely that borrowers across Australia would need another reason to secure a home loan. However, new research from the Australian Bankers Association (ABA) has revealed that bank fees for home loans have dropped considerably in recent years – something that could see more borrowers approaching mortgage […]
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The service of mortgage brokers looks to be in big demand, with new housing finance figures from the Australian Bureau of Statistics (ABS) indicating an encouraging jump in the value of commitments taken out during April. According to the ABS data, the total value of dwelling commitments rose 2.9 per cent over the month in […]
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The media has been lamenting the loss of affordability across the country. For those becoming a mortgage broker, it can be hard to escape price rises in Sydney and Melbourne as they’re splashed across the headlines on an almost daily basis. But are things really as extreme as they might seem? According to research from […]
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Those undergoing mortgage broker training in Australia are likely aware of the deluge of investment in the property market – and this doesn’t look to be showing any sign of abating. The latest research from CoreLogic RP Data have revealed that investors committed a staggering sum to real estate in recent years, but not all […]
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The opportunities to become a mortgage broker in Australia look to be reaching a high point. With the influence of the federal budget and interest rates fuelling consumer confidence, the latest survey from the Melbourne Institute and Westpac also show that homebuyers are particularly eager to make their start in the real estate market. The […]
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If you are looking to become a mortgage broker, interest rates are something to remain keenly aware of. They can have an influence on borrower activity, with low rates often encouraging more buyers to purchase a home or investment. Recent research from CoreLogic RP Data shows that the cash rate cut by the Reserve Bank […]
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New research shows that the average price of a home in Australia is more than double what it was 30 years ago – and mortgage repayments have followed suit. According to the group’s analysis, the average size of a mortgage is four times the price of the average income. This has some interesting implications for […]
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There are a whole range of things mortgage brokers should keep up to date with, not just house prices and lending statistics. A glance across wage and earnings statistics can give a good indication of consumer sentiment – and how likely people are to take out a loan in the near future. The most recent […]
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It could be the ideal time to become a mortgage broker in Australia, with the latest quarterly St.George-Melbourne Institute Household Financial Conditions Report revealing that many Australians homeowners find their situations improving, with low interest rates and rising house prices securing their financial position. This may mean an upswing in the number of property owners […]
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Mortgage broker careers can be some of the most rewarding in the financial world, but it’s important you gain all the right skills and qualifications before you begin. Once you’ve undertaken mortgage broker training, you’ll be able to help people find the home loan that most suits their needs and make those all-important first steps […]
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