Penny for your thoughts: Low home loan rates are boosting demand for industry services

The Mortgage Brokers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.


Industry Analysis & Industry Trends

Buying a home is often one of the most important financial decisions an individual will make in their lifetime, and it usually requires a substantial loan. Therefore, many borrowers consult experts to help them navigate the complex range of loan products available. The Mortgage Brokers industry is relatively new, having only existed since the early 1990s. Since then, mortgage brokers have come to be seen as providers of comprehensive, convenient and unbiased advice to clients. As they represent a panel of lenders, they can offer customers a range of products and tailor mortgages to specific needs...

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Industry Report - Industry SWOT Analysis Chapter

Since its inception in the early 1990s and through the early 2000s, the Mortgage Brokers industry expanded at a significantly faster pace than the overall economy. However, this rapid expansion could not be maintained into perpetuity, and the rise has since slowed. The industry is expected to have moved out of a growth phase and into a mature phase over the past five years.

More big players are expected to emerge in this industry. The big banks are already starting to make their presence felt by integrating the broking function into their operations. This is resulting in rising competition and, subsequently, eroding profitability. Industry value added, which measures an industry’s contribution to the overall economy, is forecast to grow at an annualised 4.5% o..

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Industry Products

What is the Mortgage Brokers Industry?

Mortgage brokers in Australia generally act on behalf of lenders, primarily aiding borrowers in sourcing and applying for mortgage finance (for both residential and investment real estate purposes), and in refinancing existing mortgages. Brokers do not usually charge mortgagees any fee for their services. They receive origination and trailing commissions on originated funds directly from lenders.

Industry Products
Residential owner-occupier loans
Residential owner-occupier refinancing loans
Residential investment loans
Commercial loans
Personal loans
Other products
Industry Activities
Brokering housing loans
Assisting borrowers to choose products provided by lenders
Assisting borrowers in the loan application process

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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