Mortgage brokers take a bigger slice of the market

For the June quarter, broker share for all new residential home loans was 77.6%, up from 76.8% in the March quarter. That’s an increase of 0.8% — or up 10.4% since June 2023. By value, brokers wrote nearly $122 billion worth of new home loans during the quarter, up from just over $100 billion in June 2024, or a 21.46% increase, year-over-year.