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Mortgage brokers warn banks will cash in on loan changes after banking royal commission – Home loans will be a lot more expensive and harder to get as the banks will unfairly benefit from a controversial proposed change to mortgage broker rules, warn the state’s industry leaders. Currently.
Why you’re better off paying a mortgage broker yourself – Illustration: Dionne GainCredit: Namely: the complete abolition of conflicted commission payments by lenders to mortgage brokers. More than half of all loans in Australia are signed using the services.
Mortgage interest rates ‘to remain high’, Central Bank figures show – Brokers Ireland has echoed those concerns on the back of the latest Central Bank figures, saying the bill would impact mortgage holders and prevent "much-needed" competition in the banking sector. It.
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