Leading mortgage broker Priority Lending’s powerful online platform has received national industry recognition at the second annual Australian Broking Awards. Priority Lending was a winner in a group category at the gala function in Sydney for ‘Best Web Presence’ and was a finalist for ‘Major Brokerage of the Year (non-franchise)’. Priority Lending Executive Chairman Sam White said…
Asset rich but cash poor senior Australians are increasingly taking up reverse mortgages to help fund retirement activities, according to leading mortgage broker Priority Lending. Priority Lending Sydney-based principal finance broker and reverse mortgage consultant Bob Staley said more than 40,000 Australians currently hold reverse mortgages, which are also known as Seniors Finance Equity Release loans. Mr…
Most home loan consumers mistakenly believe they will secure a better deal from a bank despite the growth in the number of loans written by mortgage brokers, according to a survey by leading mortgage broker Priority Lending. A Priority Lending poll which asked its brokers ‘What’s the biggest misconception about mortgage brokers?’ found 47 per…
Consumers are concerned about the financial impact of the carbon tax with most Australians believing it will result in cost increases, a national survey has found. The poll by leading mortgage broker Priority Lending which asked ‘Are you concerned about the financial impact of the carbon tax?’ found 59 per cent of respondents were “convinced”…
The home finance market has grown almost five per cent over the past year with mining statesWestern Australia and Queensland leading the recovery, according to leading mortgage broker Priority Lending. Priority Lending corporate spokesperson Paul Smith said the latest Australian Bureau of Statistics (ABS) figures for May, 2012, show a 1.2 per cent fall in…
Enquiries for fixed interest rate mortgages have flat-lined since the Reserve Bank of Australia (RBA) lowered official interest rates to 3.5 per cent, says leading mortgage broker Loan market Priority Lending Corporate Spokesman Paul Smith said customer enquiries for fixed rate mortgages had fallen to around 15 per cent of total home loan enquiries since…
The Reserve Bank of Australia (RBA) could remain in hibernation through winter while it continues to assess the impact of its previous interest rate cuts, says leading mortgage broker Priority Lending. Priority Lending Corporate Spokesman Paul Smith said it was no surprise today to see the RBA maintain the cash rate at 3.5 per cent…