Australian mortgage brokers have set a new December benchmark for home loan activity, as borrowers lean further into third‑party support.
Mortgage brokers facilitated 76.7 per cent of all new residential home loans in the December 2025 quarter, according to the latest Quarterly Market Share data from the Mortgage & Finance Association of Australia (MFAA).
The result marks the highest broker market share recorded in any December quarter since the MFAA began tracking the series in 2013.
The December reading showed broker usage holding firmly above three-quarters of all new mortgages, despite edging lower from recent peaks.
The 76.7 per cent share was 0.6 percentage points lower than the September 2025 result of 77.3 per cent, which sat near the record high.
Yet the figure is still 0.7 percentage points higher than the December 2024 quarter and 4.9 percentage points above December 2023.
In dollar terms, broker activity continued to swell.
In the December 2025 quarter, brokers arranged $142.20 billion in new home loans, a 9.2 per cent increase on the previous quarter.
Year on year, that volume was up by $27.15 billion (23.6 per cent) compared to the $115.05 billion written in the December 2024 quarter, making it the largest amount of broker‑facilitated lending ever recorded for a December period.
MFAA CEO Anja Pannek said the figures underscored the strength of the housing market and the entrenched role of brokers in how Australians accessed credit.
“Mortgage broker-facilitated lending growth outpaced the overall market during the quarter, highlighting the value of the broker proposition,” Pannek said.
Structural shift towards broker channel
Beyond the quarter‑to‑quarter movements, the MFAA emphasised the long‑running change in borrower behaviour revealed by more than a decade of data.
Pannek said the latest outcome reflected “ongoing property market growth and the continued structural shift towards Australians accessing housing finance through mortgage brokers”.
She pointed to the rapid expansion of lender and product options as a key driver behind that shift.
“Today’s lending environment presents borrowers with a broad array of lenders, products and information. The key question is not simply price, but which lender and product genuinely fits their circumstances,” she said.
“We are seeing borrowers seek out the expert guidance of a broker to navigate that complexity and proceed with confidence.”
Cotality has compiled the MFAA’s quarterly broker share statistics for 53 consecutive quarters by measuring the value of loans settled by leading aggregators as a proportion of Australian Bureau of Statistics housing finance commitments.
[Related: Broker market share continues to dominate]
