Whether this is your first mortgage or your tenth weeding through the ins and outs of getting the best mortgage can be overwhelming and frustrating. Perhaps that’s why the role of the mortgage broker is changing.

A poll done by Alliance & Leicester shows that 47% of all mortgage brokers feels that the low confidence in property and the economy is resulting in them providing clients with more insight into the market. It seems the amount of time being spent giving advice has risen by almost 30%, which would lead one to believe that the role of the mortgage broker is changing.

It seems not only are clients looking for the best mortgage they are looking to understand better what’s going on in the economy. Is that a good or a bad thing? From a consumer point of view it’s a value added service that isn’t necessarily going to cost you anything, at least at this stage of the game. Right now mortgage brokers are offering this as part of their inclusive services, a direct benefit to you the consumer.

There’s a lot going on in the marketplace and consumers want to make sure that they are not only getting the right mortgage for their situation but also making the right buy. The information and skills that mortgage brokers have is valued and respected, as a result they are giving many consumers the confidence they need to finish the deal. So if you’ve got questions and not enough answers, feel free to ask your mortgage broker for a little real estate market advice!