Mortgage brokers continued to dominate Australia’s home lending landscape in late 2025, facilitating more than three in four new residential home loans in the December quarter, according to new MFAA data.
The MFAA’s latest Quarterly Market Share (QMS) report shows brokers wrote 76.7% of all new residential home loans in the December 2025 quarter – the highest mortgage broker market share recorded in any December quarter since the series began in 2013.
While the December result is down 0.6 percentage points from the September 2025 quarter (77.3%), the broker channel remains on a strong upward trend. Market share is 0.7 percentage points higher than in December 2024 and 4.9 percentage points above the December 2023 quarter, underlining borrowers’ growing preference for mortgage brokers.
In value terms, mortgage brokers facilitated $142.20 billion in new home loans in the December 2025 quarter. That figure is up 9.2% on the previous quarter and represents a $27.15 billion – or 23.6% – year-on-year jump from the $115.05 billion settled in the December 2024 quarter. It is the highest amount recorded in any December quarter.
MFAA CEO Anja Pannek (pictured) said the results highlight both the strength of the property market and the structural shift towards brokers as the primary channel for home loan borrowers.
“Mortgage broker-facilitated lending growth outpaced the overall market during the quarter, highlighting the value of the broker proposition,” Pannek said.
She pointed to the increasingly complex lending environment as a key driver of broker demand.
“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.
“We are seeing borrowers seek out the expert guidance of a broker to navigate that complexity and proceed with confidence.”
That mirrors fresh consumer research showing 84% of surveyed Australians feel confident heading into 2026, yet cost-of-living stress and complex financial choices are driving more people to seek advice-led support from brokers. Recent FBAA-CoreData research meanwhile shows Australians in their 30s and 40s are most likely to engage brokers as they enter the property market, with high trust levels and growing use for investment products, personal loans, SMSFs, and even crypto.
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