We spoke to resident finance journalist and editor of Your Mortgage, Brooke Cooper on why brokers are falling out of favour, according to S&P research. Many banks are seeing the commissions they are paying to brokers and finding it more cost effective to go directly to customer. Does this mean brokers are done? Not by a long shot, as they service up to 805 of the mortgage market and many customers prefer the convenience.

Brooke's piece

https://www.yourmortgage.com.au/mortgage-news/love-hate-relationship-why-big-banks-are-stepping-back-from-brokers

00:00-01:23 - Intro

01:23-03:35 - Savings tip, ask for refunds

03:35-05:20 - The banks' love-hate relationship with brokers

05:20-07:15 - What it means for borrowers

07:15-09:25 - Are brokers in trouble?

09:25-14:21 - Personal experiences and outro