Familiarity can be costly when borrowing: Mortgage Choice CEO 

Taking out a home loan is a big financial decision. This is why, when we recently asked 1000 Australians about their most recent home loan, more than three-quarters said they took out their last home loan with a lender they’d already heard of. Just 24 per cent chose a lender that was new to them. Could our preference for familiarity be holding us back? 

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