The Property Academy Podcast
Biased! Are Mortgage Brokers Biased & Are They Worth It? ⎜ Ep. 1196
20 Dec 2022
In this episode, we discuss whether mortgage brokers are biased … and if they're any good. This comes from a recent Stuff article, which suggested that mortgage brokers unfairly increase interest rates for all borrowers across the country. We also reveal how much mortgage brokers earn per deal and whether they are incentivised to recommend borrowers go with lenders who pay the highest commissions. We wrap up the episode by mentioning that you can use the public version of our My Wealth Plan software to calculate what your retirement is going to look like.
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