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Brokers and small lenders back Labor’s backflip but warn of small-print traps – The government’s policy is to scrap trailing commissions by 2021 and conduct a review of remuneration for the sector. Mortgage brokers, small lenders and mortgage aggregators were largely supportive.

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 · On May 17, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 4.00 percent with an APR of 4.12 percent.

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