Mortgage News for Industry Professionals | Australian Broker News
Mina Martin Nov 09, 2024. LATEST NEWS. APRA's roadmap: Stability, risks, and reforms. Ex-Metigy CEO faces fraud charges. Construction drives business turnover growth. Tsoleridis joins Connective. Diversification into law boosts Stanford Financial. Trump victory spurs local broker rate concerns. Spring surge in property demand.
Latest Mortgage Brokers Industry News | Australian Broker News
5 days ago · Podcast: How brokers can diversify while remaining specialised. Hear Sqale co-founder Yuan Chong on AB Talk podcast. From rate changes to lender shakeups, the mortgage broker industry is constantly changing. Get the latest updates here.
Consumer confidence holds steady in mid-November
22 hours ago · Nov 14, 2024 Share. The ANZ -Roy Morgan Consumer Confidence index remained steady at 86.7 this week, keeping above the 85 mark for a fourth consecutive week – a milestone last achieved in January 2023. This week’s score is now 12.4 points above where it stood a year ago and 4.2 points higher than the 2024 weekly average, indicating gradual ...
Australian Broker’s Fast Brokerages for 2023 unveiled
Sep 20, 2023 · Now on its third year, the Fast Brokerages 2023, sponsored by non-bank lender Liberty, celebrates 12 brokerages across Australia that achieved 20% growth in combined revenue and settlement volume in the 2021/22 and 2022/23 financial years – which is no mean feat in today’s challenging economic climate. Of the 12 winners, eight have been in ...
Fast Brokerages 2022 | Australian Broker News
Methodology. Australian Broker invited submissions for its second annual Fast Brokerages awards on 25 July 2022 as the publication sought to recognise Australia’s fastest-growing mortgage brokerages.. The research team asked brokerages to list their revenue totals and settlement volumes for the 2020/21 and 2021/22 financial years, in addition to other growth milestones they wanted to highlight.
How high can broker market share get? | Australian Broker News
News. Mortgage brokers are writing a greater share of loans than ever before, according to the latest MFAA data, with the broker channel settling a record 74.1% of residential home loans in the first quarter of 2024. The significant increase – up 4.5% compared to Q1 2023 and a substantial 22% jump from Q1 2020 – underscores the value ...
"I don't want to look the same as 100 other brokers"
2 days ago · Nov 12, 2024 Share. A Sydney-based broker who started saving to invest when he was 14 is counting on his passion for educating clients in finance and property to grow his early-stage broking business further in 2025. Mark Novosel (pictured), who launched Feather Loans in late 2023 from a base on Sydney’s North Shore, said he started putting ...
Fast Brokerages 2021 | Australian Broker News
Methodology. Australian Broker invited submissions for its Fast Brokerages awards on 31 August 2021 as the publication sought to recognise brokerages across the country that did not just weather the COVID-19 storm but actively thrived.. The research team asked brokerages to list their revenue totals and settlement volumes for the 2019/20 and 2020/21 financial years, in addition to other growth ...
Broker market share leaps year-on-year | Australian Broker News
Jun 01, 2021 Share. Mortgage broker market share has jumped 27% in a year, according to the January to March data released by the Mortgage and Finance Association of Australia (MFAA). The overall value of new loans written by brokers across the first part of 2021 was over $62.2 billion, a rise of $13.2 billion on the same period in 2020.
Mortgage brokers hit more than 70% market share
Nov 28, 2022 Share. Mortgage brokers have for the first time recorded market share above 70% - facilitating 71.7% of all new residential home loans between July and September 2022. This is a record figure looking back at the 40 consecutive quarters the measure has been tracked. The latest data has been released by research group Comparator, (a ...