Brokers say recent criticism from banks amid the banking royal commission are a diversionary tactic and that if a flat fee for their service was introduced it would make home loans more expensive.
News
Reduced borrowing capacity set to come out of banking royal commission
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06 April 2018
A key outcome of the current banking royal commission shapes as reduced borrowing capacity for homebuyers.
Deja vu as official cash rate kept at 1.5% for another month
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04 April 2018
The Reserve Bank has kept official interest rates at 1.5 per cent for the 18th consecutive time, and that’s a record.
Should banks or consumers pay mortgage brokers for their service?
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28 March 2018
With the banking Royal Commission in full swing one of the big questions being asked in the mortgage industry right now is should consumers pay service fees to brokers?
Melbourne property market shows signs of strength in pre-Easter auctions
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27 March 2018
It was a confidence-boosting weekend for Melbourne's property market after CoreLogic figures recorded an auction clearance rate of 67 per cent from a whopping 2078 auctions held.
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