michael sterios

The mortgage market in Australia has been great for the big banks. It has not been as great for consumers. The big banks have regained market share previously lost to the non bank mortgage providers that started to compete back in the mid 1990s with names such as Rams and...

We all tend to be prone to overreaction. All you need to do is turn on the news to find out the latest apocalypse du jour. Of course, the vast majority of these expected calamities that we get ourselves worked up about never in fact show up in our lives....

Since the summer of 2008, there has been practically nothing but uncertainty and fear concerning the UK mortgage market. While financial analysts and politicians alike realize the determent that this fear is causing, they are having issues trying to turn those doubtful feelings and uncertainties into something positive that the...

The UK housing market is in a recession, the global economy is declining, and the financial world is full of struggles. With so much bad press, it would be nice to have some sort of silver lining to look forward to. Unfortunately, in order for the UK housing market to...

A mortgage broker is essentially an individual or business entity that matches home loans and investment loans with the requirements of their clients. Brokers recommend products based on the particular requirements of their clients and then assist with the application process. On the surface it can seem like a simple...

Mortgage lenders in Australia rarely deal with brokers that cannot submit a high volume of successful home loan applications to them each month. For example, a particular bank or non-bank lending institution might refuse to deal with an entity that cannot close at least one million dollars worth of mortgages...

Becoming a mortgage broker and helping people with their home loans is one of the most intrinsically rewarding finance careers in Australia. In addition to the buzz of helping people buy their homes, successful brokers also enjoy a high income and the lifestyle it affords. While the profession isn't for everyone,...

A return to the days in which almost anyone could pass a few exams and become a successful mortgage broker might help the profession return to the situation in which fraudulent activity becomes widespread once again. The Future for Mortgage Brokers The credit crunch and it's subsequent affect on the property market...

In the UK the credit crunch firmly wrote itself into the history books when one of the largest mortgage lenders in the country - Northern Rock - was nationalised. The nationalisation of the bank was undertaken by the government to prevent the bank from completely collapsing, which effectively rescued thousands...

The independent mortgage broker industry in Australia is still young and should prosper again after the credit crunch. The industry is yet to fall under a national regulatory body in order to give it credibility, however this is planned. When the industry becomes regulated in a similar fashion to the...