Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Exit fees insufficient for consumers, says mortgage franchise

Notify me of new replies via email
Australian Broker | 11 Apr 2014, 08:27 AM Agree 0
The ban on exit fees for mortgages does not do enough to promote full mobility for consumers, believes a major mortgage franchise
  • Coast Broker | 11 Apr 2014, 09:12 AM Agree 0
    That is why I use Rapid Refi when I can.
  • Bottom Line | 11 Apr 2014, 10:40 AM Agree 0
    Back when I was a Bank Manager all discharges were done in 48 hours (often 24).
  • Monty of Perth | 11 Apr 2014, 11:09 AM Agree 0
    The major stumbling block they missed when banning Exit Fess was LMI Portability.
    That would have made a better mix.
Post a reply