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MBA: Mortgage applications continue to fall as borrowers become less sensitive to lower rates – fixed-rate declined three basis points to 4.04%," Kan said. "Borrowers have been less sensitive to low rates as many.
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Picture: AAP /Daniel Pockett The ACCC and the Council of Financial Regulators were already set to review mortgage brokers in three years’ time after the government rejected the commission’s.
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Mortgage brokers are a big part of the mortgage business, accounting for more than 10 percent of all home loan originations, give or take. In fact, their share of the mortgage pie was as high as 30 percent during the mortgage boom, but fell precipitously after the mortgage crisis ensued.
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