It can be an difficult process trying to find a loan with a competitive rate and conditions that best suit your needs. With so many lenders in the industry and different loan offerings it is hard to be sure that you are getting the best deal available that fits your requirements. More and more people…
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New independent research has revealed most people who have sourced mortgages through brokers are satisfied with almost every aspect of the transaction. The Finance Brokers Association of Australia (FBAA) commissioned the research project through finance industry researchers MyNextAdvice to gauge the level of satisfaction with clients who had settled on mortgages obtained through FBAA members.…
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A Deloitte Access Economics report released 24 July, 2018 has found that mortgage brokers drive more competitive mortgage pricing, provide valuable services and greater choice for consumers. The average mortgage broker has access to 34 different home loan lenders, and of these they use an average of 10 lenders to settle loans based on their…
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The banking royal commission has drawn attention to some serious problems between the banks and their customers. Evidence to the Royal Commission has shown patterns of illegal behaviour by financial institutions. Last month the corporate regulator ASIC revealed banks and others in the financial services sector would have to refund up to $850 million that…
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