brokers

9 results tagged "brokers":
are mortgage brokers overpaid paid too much trailing commissions
PROPERTY

$2.4 billion question: are mortgage brokers overpaid?

Upfront fees, trailing commissions and other perks add to mortgage costs Are mortgage brokers overpaid? It's a valid question and one that was asked by the investment bank UBS in its report into the mortgage broking industry in May 2017. On a $500,000 ... More
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lmi lenders mortgage insurance first home buyers
PROPERTY

Should you buy now and pay LMI or keep saving a deposit?

As rising house prices are making it more difficult to get into the property market, first-home buyers are faced with the question: is it best to pay lenders mortgage insurance (LMI) and jump into the market now, or wait and save a higher deposit? While ... More
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MY MONEY

How not to get ripped off when you finance your next car

Don't let the savings from a good car purchase disappear in higher financing rates Many Aussies strike a good deal when purchasing a new car, only to lose much of that cost saving in unnecessarily higher leasing costs. But if you put some of your research ... More
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Heroes don't gamble: investing's hard lessons marcus padley shares sharemarket stocks investing trading start investing
SHARES

Don't trust yourself when you start investing

One of the things that everyone seems to enjoy is gambling. Along with prostitution it is the most enduring industry in the world. Of course, it doesn't deliver because luck is doomed as a means of reliable progress but still people keep doing it. ... More
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MY MONEY

Does a no-commission home loan work for you?

A mortgage broker has introduced no-commission home loans. This means you pay a flat upfront fee for them to find you the best loan and in return the broker forgoes all commissions and puts the money directly back into your home loan. On a $350,000 ... More
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PROPERTY

Why a mortgage broker has hidden value for borrowers

There's a very simple reason why brokers and aggregators have dramatically lifted their share of the mortgage market from 25% 10 years ago to 42%. They know things that home buyers don't! I'm not talking about who's got the cheapest home loan or the ... More
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MY MONEY

Mortgage brokers taking a bigger share

It's survival of the fittest for mortgage brokers. But while there has been a drop in the number of brokers, consumer interest in dealing with them is at an all-time high. Ten years ago brokers wrote around 10% of new home loans. Today that figure is ... More
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