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Non-majors in high demand among brokers: Report

by Malavika Santhebennur•06:45 AM, 23 Sep 2022•2 minute read
Non-majors in high demand among brokers: Report

As borrowers rush to review their home loans amid rate hikes, their preferences drove more brokers to choose non-major banks in August, new data has revealed.

The results from the latest Broker Pulse survey (which was launched three years ago by Momentum Intelligence) showed that more brokers cited client preferences as their primary reason for recommending a non-major bank to their clients in August 2022.

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Malavika Santhebennur

AUTHOR

Malavika Santhebennur is a content specialist at Momentum Media, focusing on mortgages and finance writing.

Before joining Momentum Media in 2019, Malavika held roles with Money Management and Benchmark Media, where she was writing about financial services.

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