Mortgage broking: a promising industry

Mortgage brokers have broken 71.7% market share for the 1st time in a decade (Sept 22 quarter). Considering the RBA board expressed earlier this month that 'further increases in interest rates' are to come, and that 1 out of 5 home loans taken during the pandemic will be rolling off a fixed rate in 2023 - bringing huge opportunities for refinancing - it is safe to say that anyone looking to pursue their career in Mortgage Broking will be joining a busy and promising industry.