a mortgage brokers influence
The mortgage brokers market share has continued to increase with new figures showing nearly 7 out of 10 new residential loans are now generated by our industry.
A mortgage broker in Sydney has always had to prove their relevance and importance amongst the financial sector and these figures help build upon these foundations, the increase highlights credibility for our industry and also preference for our clients.
Our clients prefer to trust a professional who will prioritise their best interests and not the lenders, mortgage brokers seek to deliver a simplified financial experience and the record amount of market share reflects this.
The increased government regulations and overall lending numbers dropping by 8% hasn’t stopped the personal and professional service provided by brokers, Australians are now more confident in choosing a mortgage broker over going direct to a bank more than ever.