Almost 70 per cent of mortgages in Australia were being written by brokers earlier this year, according to the MFAA’s latest Industry Intelligence Service report.
The significance brokers play in the loan space has been driven home in a recent submission to the Senate from the Mortgage and Finance Association of Australia (MFAA).
Mortgage brokers have said serviceability issues are the primary hurdle for their clients looking to refinance, the MFAA’s new survey has found.
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