Why is the property market encouraging you to become a mortgage broker?

When property markets are on the rise, people will be looking more and more towards their mortgage brokers to help them purchase owner-occupied houses and investment real estate alike.  Where in Australia is there a property boom? And how can prospective mortgage brokers benefit from this information? Become a mortgage broker in Sydney Sydney has […]

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How will becoming a mortgage broker help your existing business?

There are many ways that an existing business can be improved, and broadening your horizons by becoming a mortgage broker could just be your ticket to greater margins. Whether you have had experience in the property sector for years or are relatively new, the Redrock training and mentoring program can send you down the pathway […]

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What commission models are available to members of Redrock?

Becoming a mortgage broker can be a simple and rewarding process, giving you the ability to add a potentially lucrative notch to your career belt. But what is in the industry for you? Well, the numbers speak for themselves. A successful mortgage broking career awaits The mortgage broker industry in Australia is vast, and a […]

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Owner-occupier products important to becoming a mortgage broker

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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How outsourcing can help you to become a successful mortgage broker

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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What the cash rate means when you become a mortgage broker

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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Knowledge is power when you become a mortgage broker

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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Australia’s financial literacy and what it means for mortgage brokers

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, […]

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Has the Australian property market reached its peak?

Recently released statistics suggest that the property market in Australia has indeed reached its peak. For new homes, at least. The Housing Industry Association (HIA) found that the number of new home building approvals has fallen, mainly due a sharp decline in non-detached housing. Despite this, detached housing approvals remained relatively strong, continuing an 18 […]

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Property price growth not as strong as pre-GFC

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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