Nobody wants to change their career path and turn to an industry that is failing. It will therefore pay to take into account the business confidence around the Australian economy – once you understand the state of the nation, making the decision to become a mortgage broker might be made a lot easier. Around the […]
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When you’re thinking about a career change, often the most important thing that springs to mind is what the future holds for that particular industry. It’s no different with a mortgage broker career, which has taken leaps and bounds in recent times on the back of a strong Australian property market. In fact, right now […]
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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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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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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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The Australian property market has been surging in leaps and bounds, with sales and dwelling commitments well up on last year. The favourable interest rates certainly have a part to play in it, as they’ve made home loans more affordable. Consequently, the demand for brokers and financial advisors has been significant. In fact, the Mortgage […]
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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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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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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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