The RBA's rate hikes affected the residential lending sector and made buying property more expensive.
While some markets remain resilient, overall demand for residential lending decreases, posing challenges for brokers. Diversification of brokerage services could present opportunities to adapt and thrive.
Barry Saoud oversees Mortgage & Commercial Lending for Australia and New Zealand at Pepper Money, responsible for the strategic direction and performance in credit, product, sales, settlements, and operations.
To learn more about YBR Home Loans here