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A mortgage broker works on your behalf to find mortgage lenders with competitive rates. Learn more to decide whether a broker is right for you. A mortgage broker manages the process for you by applying for loans with different lenders, finding competitive interest rates and negotiating loan terms.
Under Commissioner Kenneth Hayne’s recommendations borrowers would be forced to pay an upfront fee of thousands just to use a broker’s services to try and seek out the most competitive deal. Mortgage.
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Mortgage brokers: Applause for Coalition backflip over trailing commissions – The federal government has abandoned its plan to ban trailing commissions for mortgage brokers, walking away from the most controversial recommendation flowing from the banking royal commission..
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