Report
David Ellis
EUR 147.86 For Business Accounts Only

Mortgage Choice Benefits from Home Loan Market, But Growth Likely to Slow. AUD 2.50 FVE Unchanged.

There is a lot to like about Mortgage Choice as it rides a buoyant home loan market, but below-trend economic conditions, increasing pressure on housing affordability, tougher lending criteria, weak wages growth, a shortening in average loan life and higher interest rates are expected to slow demand for new home loans. These medium-term headwinds are incorporated in our assumptions and underpin our average annual EPS growth forecast of 3.5% to fiscal 2021. Despite the expected market slowdown, w...
Underlying
Mortgage Choice Ltd.

Mortgage Choice is engaged in mortgage broking. Co.'s activity includes: the provision of assistance in determining the borrowing capacities; the assessment, at the request of those borrowers, of a range of home loan or other products; and the submission of applications on behalf of prospective borrowers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Ellis

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