The latest quarterly broker market share results have been released, showing mortgage brokers are still facilitating more than three-quarters of all new mortgages.
A total of 77.3 per cent of all new home loans were written by mortgage brokers in the three months to September 2025, according to new Mortgage & Finance Association of Australia (MFAA) data.
The result is just 0.3 percentage points below the record 77.6 per cent achieved in the June 2025 quarter.
The data – commissioned by the MFAA and collected by Cotality from aggregators and broker groups – shows there was a 2.7 percentage point year-on-year increase in mortgages written by brokers (when it was 74.6 per cent) and a 5.8 percentage point jump compared to the September 2023 total of 71.5 per cent.
New home loans facilitated by mortgage brokers in the September 2025 quarter reached $130.23 billion – the highest value for any September quarter on record and the highest for any single quarter since the broker market share quarterly series began.
This represents a $27 billion – or 26.1 per cent – increase from the $103.23 billion settled in the September 2024 quarter.
Commenting on the September quarter market share figures, MFAA CEO Anja Pannek said: “Australian borrowers clearly value the skill, expertise and choice a mortgage broker brings, in what is a complex lending market. The smartest approach is to work with a broker who can help you navigate your options with confidence and clarity.
“Borrowers and brokers will be watching closely to see what the Reserve Bank decides when the Board meets to set the official cash rate on Tuesday, 9 December. While market experts are predicting no change to the cash rate, there are still many options available to home loan borrowers.
“We recommend people proactively reach out to their broker to understand their options.”
[Related: Mortgage broker market share climbs to record high]
