News

Source:  Broker News - www.brokernews.com.au

The Housing Industry Association has called on the three major parties to use the last week of the federal election campaign to deliver housing policies that "really matter" to Australians.

Source: The Adviser

Despite some improvements, significant barriers remain for consumers who want to switch home loan products.

Source: The Adviser

A leading indicator of economic growth has reported a slowdown, adding weight to expectations of another RBA rate hold in September.

Source: The Adviser

Australia is in a “two-speed property market” with continuing strong demand in Melbourne and Sydney but uncertainty elsewhere, according to real estate group Ray White.

This article introduces you to some selected areas of Commercial Asset Finance taken directly from our Diploma of Financial Services (Finance/Mortgage Broking Management).

Equipment finance can be split into two broad categories – lease and non lease. The lease category includes finance leases, operating leases or rentals, and novated leases. The non-lease category includes Hire Purchase and loans (often referred to as Chattel Mortgages).

Source:  Broker News - www.brokernews.com.au

Seven out of ten refinancers that used a mortgage broker saved money on their mortgage, according to a new report.

Source: The Adviser

Dismally weak housing finance figures have reinforced the need for brokers to build a diversified product offering to remain sustainable during periods of low borrowing activity.

Source: The Adviser

Broker perception towards clients’ debt management could be costing them business.

If you’re a broker wanting to grow your income but don’t want to go down the path of becoming a Financial Planner then you should consider becoming a Mortgage Planner.

Mortgage Planning falls into that space between Mortgage Broking and Financial Planning, but without crossing the line of providing financial product advice.

As a Mortgage Planner you’ll be equipped to offer a more comprehensive and long term service to clients, and to clearly differentiate yourself from other brokers and direct lenders.

Ultimately this will lead to increased revenue through improved client retention, increased referrals and the ability to charge fees for service.

Source:  Broker News - www.brokernews.com.au

Mortgage Choice franchisees are profiting from selling products other than mortgages.