According to QBE LMI’s latest Mortgage Opinion Survey, mortgage lending is expected to increase by 20 per cent in 2011 as investors start returning to the market.

This is based on a survey where 44 per cent of respondents expect the volume of mortgage lending to increase by 20 per cent during 2011, while 8 per cent expect an increase over 20 per cent.

If mortgage lending was to increase, it seems brokers would be the biggest beneficiaries, with the third party channel rated the top source for knowledge and information on residential loans.

“Brokers play a pivotal role in the mortgage market. Borrowers are relying on mortgage brokers to guide them through the mortgage application process and assist them in finding an appropriate home loan to meet their needs” Mr Graham from QBE said.

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