Mortgage brokers positive about the market

A recent study from Halifax has shown that mortgage brokers are feeling upbeat about the home loan market in 2013.

The Halifax Intermediaries Confidence Tracker recently demonstrated that 75% of brokers feel positive about how the home loan sector will perform in the near future.

This marks a 6% increase on last quarter’s figure and shows there is now more confidence in terms in the intermediary part of the mortgage arena. There is now also a higher proportion of mortgage professionals who are "very confident" about the market.

Ian Wilson, head of Halifax Intermediaries commented on that: "We are seeing a slight easing of funding pressures, leading to an increasing number of lenders reducing rates and launching new products to the market, providing further optimism.”