Use the Australian Mortgage Broker Survey 2007 to Understand Brokers Thoughts on Various Mortgage Issues and Challenges

Tuesday October 23 12:00 PM

Research and Markets (http://www.researchandmarkets.com/reports/c72260) has announced the addition of "The Australian Mortgage Broker Survey 2007: Market Review" to their offering.

Introduction

The broker channel has become increasingly important in the distribution of mortgage products in the Australian market over the last few years. This report looks at how the mortgage broker channel is changing and focuses on issues and challenges faced by brokers.

Scope

Uses the Australian Mortgage Broker Survey 2007 to understand brokers thoughts of various mortgage issues and challenges. Quantifies the size of the broker channel in the Australian mortgage market. Analyzes current trends in the broker channel.

Highlights

In the Australian Mortgage Broker Survey 2007, 26% of brokers thought their refinancing business would increase, down from 41% of respondents surveyed in 2006. This indicates that refinancing is not as significant a growth segment for mortgage brokers as it once was. Broker groups are expected to undergo further consolidation, as competition increases and as economies of scale become more important. Lower margins on residential mortgages means that efficiency and scale becomes more important, and that smaller players will have a harder time to stay competitive. The increasing consolidation of mortgage brokers can be seen as a sign the industry is maturing. Some industry sources believe that consolidation and regulation may herald a new era for mortgage brokers, and that stability will increase as lenders commit to long-term third party distribution.

Reasons to Purchase

Provides you with the analysis of how the broker channel is changing, thus allowing you to better plan your distribution strategies. Learn about the challenges facing the Australian broker channel and adapt your strategies accordingly. Learn who are the most commonly used mortgage lenders in the broker channel.

For more information, visit http://www.researchandmarkets.com/reports/c72260

Source: Datamonitor

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