Healthcare posts strongest growth outlook, construction recovers since December plunge

The proportion of brokers recommending the big four to their clients rose to its second highest level on record, according to new data.

For the first time since the Broker Pulse surveys began, BDMs achieved a score of over 60 from brokers in March, the highest on record.

Broker satisfaction with business development managers hit a new high in December, new figures show.

Three-quarters of brokers say they use non-major banks for clients because of the price of their mortgages, the latest Broker Pulse survey has found.

BDMs and credit assessors at some smaller lenders achieved perfect scores from brokers in October, outshining their larger counterparts, according to new data.

Turnaround times were the fastest on record at small ADIs last month, with one lender reportedly cutting its time to a decision by 10 days, according to new data.

Fewer brokers reported using major banks and non-banks for their clients in October compared to the previous month, new Broker Pulse data has shown.

Rising rates could drive more scrutiny of borrowers’ serviceability levels, lower credit assessment levels, and longer turnarounds, according to a podcast.

Despite all lenders raising their variable rates, more brokers are turning to non-banks due to pricing, according to a new survey.

Amid a gloomy economic environment, brokers reported feeling more dissatisfied with lenders due to a range of factors.

As borrowers rush to review their home loans amid rate hikes, their preferences drove more brokers to choose non-major banks in August, new data has revealed.

Credit assessors achieved their highest satisfaction levels on record in August, with two non-major banks lifting their performance in the eyes of brokers, according to new data.