๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐๐ฟ๐ผ๐ธ๐ฒ๐ฟ๐ ๐ฆ๐ฒ๐ ๐ก๐ฒ๐ ๐ฅ๐ฒ๐ฐ๐ผ๐ฟ๐ฑ
Mortgage brokers originated 69.6% of all new residential home loans in the March quarter, according to data from Comparator.
This is a record result, and means consumers were more than twice as likely to visit a broker as go directly to a lender (which occurred on 30.4% of occasions).
Mortgage & Finance Association of Australia CEO Anja Pannek said brokers provide consumers with expert support and the ability to compare the market.
"Mortgage brokers help homebuyers understand their options in what is a complex and dynamic mortgage lending environment," she said.
"The current environment of inflationary pressures, multiple increases to the cash rate and rising cost of living is adding to this complexity, and has really brought the service mortgage brokers provide in guiding their clients into the fore."
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.