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7 in 10 Australians using brokers!

By March 2, 2023No Comments

Mortgage brokers have set another record.

Brokers facilitated 69.3% of all new home loans between October and December 2022, according to new data from Comparator.

That is a record market share for the December quarter. It’s also a significant increase on the 2021 and 2020 results, as the image shows.

The main reason more and more Australians are using brokers is choice.

When you go direct-to-lender, you hear about only that lender’s home loan options. But when you go to a broker, the broker can compare options from dozens of lenders.

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