The nation’s official cash rate has been at 2.5 per cent for a while now, with the Reserve Bank of Australia (RBA) first opting to lower it in August 2013. Mortgage brokers throughout the country could still find their expertise are in high demand, as the RBA revealed on December 2 that the cash rate […]
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Ask anyone who has been involved in property in the last 12 months, whether a mortgage broker or a first time buyer, they are likely to tell you that the investment market is doing well. Australian Bureau of Statistics figures show that financing for owner-occupation is on the up and up, while a recent Housing […]
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When you join the world of mortgage lending, there is a broker mentoring process that many must go through. This applies to anyone with less than two years of experience in the industry, and is a valuable part of learning the world of lending. This education is about to have an extension, thanks to a […]
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When the time comes to making a property purchase, most people will turn to a home loan to finance this. Whether it is a traditional construction mortgage or a low doc loan for a self-employed Australian, there are many lending products available. But it’s important to get the right one – this is where businesses […]
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When you decide to become a mortgage broker, you join an industry that is rising to meet strong demand for finance services. Housing Industry Association senior economist Shane Garrett recently said an easing of growth in property prices across the nation is linked to a peak in home building not seen in two years. Mr […]
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It is no secret that the finance industry has been experiencing excellent growth of late. As Steve Munchenberg, chief executive officer of the Australian Banking Association recently noted, “The finance and insurance industry is the second largest industry of the Australian economy after mining.” With this level of health in the sector, now could be […]
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Continued growth in real estate across Australia can be an inviting prospect for investors seeking home loans, and the latest release from RP Data confirms that home values are still rising in many areas. This will be of interest to all budding mortgage brokers who are interested in opportunities in their local region. The latest […]
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Anyone considering becoming a mortgage broker will be heartened by recent CommSec figures that have shone a light on home financing across the nation. The quarterly State of the States report has broken down data from many different economic areas for Q3 of 2014, including housing finance. It compared the figures for each state against […]
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As an economic downturn starts to have some minor effects on industries like the resources sector, people may perhaps turn to other investment and career options – including becoming a mortgage broker. Although resource economies continue to lead the way on a national scale, their growth has slowed while there has been a speeding up […]
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When you pick a career, you want it to be one with strong regulations and speedy workplace processes – and the life of a mortgage broker just got even more efficient thanks to a new announcement. The Finance Brokers Association of Australia Limited (FBAA) has teamed up with verification services company CVCheck to speed up […]
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