Australian borrowers are embracing mortgage brokers like never before! The latest data from the Mortgage & Finance Association of Australia (MFAA) reveals that brokers captured an all-time high of 74.6% of new home loans in the September 2024 quarter. This milestone highlights the essential role brokers play in guiding borrowers through today’s challenging lending landscape.
Brokers Help Borrowers Win Big
It’s no surprise that Australians are turning to mortgage brokers in record numbers. Beyond securing competitive rates, brokers provide tailored advice and empower clients to make informed decisions. As MFAA CEO Anja Pannek notes:
“Mortgage brokers are bound by the best interests duty, offering personalised guidance, helping borrowers adjust budgets, and finding solutions that suit their unique needs.”
The trust brokers build with their clients is unmatched, making them the go-to choice for navigating the complexities of the home loan process.
Loan Values Hit a Record High
In tandem with rising market share, the total value of loans written by brokers hit a staggering $103.2 billion in the September 2024 quarter—up 10.02% compared to the same time last year. This record-breaking figure showcases the vital contribution brokers make to both borrowers and the broader lending system.
What If We Finance: Your Trusted Partner in Home Loans
At What If We Finance, we’re proud to be part of this incredible growth story. For over 15 years, we’ve been dedicated to helping Australians secure the best deals and personalised support throughout their home loan journey. Whether it’s navigating tricky lending conditions or finding solutions that fit your lifestyle, our team, led by Spiro Kolokithas, is here to make the process stress-free and rewarding.
Why Choose a Broker?
The numbers don’t lie—Australians trust mortgage brokers for:
- Expert advice tailored to your needs
- Simplifying complex lending environments
- Providing clarity and confidence in decision-making
We Make It Easy, So You Can Focus on What Matters Most
Ready to take the next step? Get in touch today and experience why more Australians are choosing brokers like us to secure their future. 🌟
Because at What If We Finance, your success is our success.
