The Australian mortgage market is at a key point in its development. Its rapid growth recorded in recent years is unlikely to be sustained and competitors are facing a new market environment. How is the mortgage market likely to perform over the next years? What new strategies can lenders employ and what new products can they introduce? Australian Mortgages 2004 answers these questions and more.
Scope
Focuses on residential mortgages in Australia
Quantifies the markets growth using a variety of measures
Identifies key players, products and lending strategies
Forecasts the markets performance over the next five years
Highlights
When non-bank players first entered the Australian mortgage market they offered basic products. In contrast, banks offered products which were less rate competitive but which were feature rich. More recently, this separation has blurred with banks offering products with discounted rates and non-banks offering a fuller range of products.
Franchisees are just as sales driven as brokers. Therefore, as banks franchise more of their branches franchisees and brokers will increasingly go head to head. Whether banks can attract and retain franchisees while still using brokers is a matter of some debate.
The Australian non-conforming mortgage market has grown in recent years as lenders have improved their profile and expanded their product range and distribution network. Most non-conforming players offer products aimed at various non-conforming consumer segments and distribute them either directly or via intermediaries.
Reasons to Purchase
Gain We have insight on the future performance of the Australian mortgage market
Learn about the changing distribution strategies being employed by Australian lenders
Identify areas of the market that are currently under-served by Australian lenders
