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Aggregator achieves near record volumes

by Staff Reporter8 minute read
The Adviser

By: Jessica Darnbrough

Proving that the mortgage market is still alive and well, Connective has achieved its second highest month on record, with settlements for June totalling more than $800 million.

Connective Principal, Mark Haron, said the June figures are particularly pleasing given the market dynamics are quite different from July last year when the aggregator recorded its highest month, with $823 million in settlements.

“Broadly speaking there’s been a slight softening in the markets since this time last year so to record our second highest month of settlements in June is very encouraging,” Mr Haron said.

"We’ve now exceeded $800 million in monthly settlements twice and we’re looking forward to reaching the $1 billion milestone. Our broker numbers continue to grow and we believe that we’re on track to achieve this in the not too distant future.

“Our June numbers demonstrate that there are many market opportunities for proactive and capable mortgage brokers.”

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