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Thursday, 28 July 2016

Two Thirds Of Annual Growth Credited to Mortgage Brokers

New research has found that mortgage brokers were responsible for more than two thirds of mortgage growth in the 12 months to June 2016 this year.



Research by comparator, commissioned by the MFAA, shows mortgage brokers were responsible for 66.3 per cent of the growth in home loans for the year to June, compared to the year ended June 2014.


The research showed that of the $46 billion increase in mortgage lending in ABS housing loan statistics, brokers accounted for $30.5 billion this year, compared to the four quarters ending June 2014.

“The $30.5 billion growth compared to last financial year indicates that customers continue to select brokers for their lending needs,” MFAA CEO Siobhan Hayden said.

Article Source: http://www.theadviser.com.au/breaking-news/32736-brokers-responsible-for-two-thirds-of-annual-mortgage-growth

Greg is a broker servicing these areas of NSW - Casino, Kyogle, Nimbin, Lismore, Goonellabah, Woodlawn, Boat Harbour, Bex Hill, Richmond Hill, Alstonville, Clunes, Nashua, Corndale, Rosebank, Dunoon, Feeral, Eureka, Bangalow, Fernliegh, Tintenbar, Newrybar, Coopers Shoot, Suffold Park , Byron, Ewingsdale, Lennock Head, Ballina, Coorabell, Myocum, Brunswick Heads, Mullumbimby, Uki, Stokers Siding, Wilsons Creek, Main Arm, The Pocket, Ocean Shores, New Brighton, Billinudgel, Yelgun, Mooball, Palmvale, Pottsville, Cabaritta Beach, Murwillumbah, Tangelwood, Kingscliff, Casuarin.

You can contact Greg on Mobile: 0411 700 909

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