When interest rates stay low, it usually means good news for people interested in taking out a home loan. RP Data have analysed the main takeaways from the Reserve Bank’s decision to keep interest rates at very low levels for over a year, looking at the minutes from the RBA’s September meeting. Dwelling commencements had […]
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Rising capital city dwelling values could spur on the growth of interested buyers looking to secure a slice of residential property ahead of the impending population boom, which could make the services of a mortgage broker extremely useful in the coming months. Now could be the perfect time to brush up on your skills and […]
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Earlier this week (September 1), the Victorian state government announced that the stamp duty concession for first home buyers would be raised to 50 per cent. This could lead to an uptake in the number of these individuals seeking out the help of a mortgage broker and being working towards securing their first home in […]
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With capital city auction rates increasing at a rapid rate, more people are beginning to pursue their property dreams across Australia. With an increasing number of potential buyers looking into their local real estate markets, now could be the perfect time for mortgage brokers to prepare for a potential influx of people interested in securing […]
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When it comes to purchasing property in Australia, there are a wide range of different avenues to consider for financing, searching and – ultimately – buying real estate. When it comes to taking out a home loan, enlisting the help of a mortgage broker could be a great way to ensure you get the best […]
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New research into the banking sector could indicate greater opportunity for mortgage brokers. Data from Roy Morgan Research shows that satisfaction levels from personal customers of banks reached a new high during December 2013. The so-called big four banks scored 80.1 per cent satisfaction, an increase of 0.2 per cent from November. This increase was […]
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Recent data from credit information company Veda shows that Australian mortgage demand is booming – great news for mortgage brokers. The organisation’s consumer credit demand index for the fourth quarter of 2013 showed that while overall consumer credit demand remained flat when compared to the same time in 2012, mortgage enquiries continued to increase. Mortgage […]
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Recent Future of Financial Advice (FOFA) reforms are opening the door for many financial advisers to enter the mortgage broker market. “FOFA is making that business much more complex and I think potentially what planners are looking to do is two-fold – one is to add other incomes to offset some of that extra cost […]
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