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Big Four Losing Share – Debt Consolidation

Submitted by • May 10, 2013

http://bit.ly/Mortgage-Arrears Australians are again flocking to smaller banks and lenders for their home loans after the big four banks recorded their biggest drop on record of mortgage-broker loans.

The big four bank account for just 59.8 per cent of new home loans taken out nationally through mortgage brokers, compared with 64 per cent a year ago.

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