Six market megatrends for brokers

A new report has revealed six megatrends that mortgage brokers should have on their radar during the final months of 2022 and looking ahead for next year. On Friday, October 21, NAB launched Market megatrends 2022: Uncovering the opportunities for brokers, a...

Mortgage Rates Rise Again

Currently, the average rate on a 30-year fixed mortgage is 5.81%, compared to 5.55% a week ago. For borrowers who want to pay off their home faster, the average rate on a 15-year fixed mortgage is 4.98%, up 0.01% compared with the previous week. Homeowners who want to...

Flexibility in Lending is the New Black

2021 saw huge shifts in legislative, economic, governmental and market sentiment.  And let’s not forget the cherry on top: a global pandemic. On the one hand governmental support and encouragement was provided to financial institutions to keep lending, and on the...