If Brokers get an upfront fee for a new Home Loan, wouldn’t it make sense to refinance with different Banks every 2 years ?
Wouldn’t pay anything they’re useless better off going direct to the bank
The Hypocrisy from Labor on the Banks royal Commission Number of documents tabled in 2011 calling for a Banks royal Commission Labor could have called for a Banks royal Commission in 2011
If you use a mortgage broker you are lazy or thick. Loan ratings and online initial applications are all easily available online.
The face of disappointment. I am really disappointed. All Hayne & Orr extracted with NO Shock to Criminal Regulators.
Hayne just killed off choice (brokers) who've had it good for years now. He's slayed that golden goose & as a side-effect, lending will now be far less competitive & mainly concentrated between CBA & NAB (& the 2 wannabes.) Borrower/consumer loses as do regionals & foreign banks
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Source: 9NewsAUS - 🏆 10. / 72 Read more »