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Australians turn to mortgage brokers as the property market heats up

6 December, 2021 | 
Pureprofile 

Originally published: Adviser Voice, 18 November 2021

As more Australians emerge from lockdowns, the property market continues to surge ahead. The latest research[1] from MyState Bank indicates that Australians are viewing mortgage brokers as highly valued partners in securing a home loan during this time.
The research also highlighted greater comfort in a ‘virtual loan’ process as well as seeking a loan outside the ‘Big Four’, as more Australians look towards alternative lenders for competitive financing.
MyState Bank surveyed more than 500 Australians who had used a mortgage broker in the past three years to better understand their experience.
[1] Notes on research: Nationally representative survey conducted by Pureprofile of 517 Australians during September 2021.
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