Hi all, Getting ready to buy my first house and have a question in regards to Mortgage Brokers, are they worth it, why etc.. I just got back from ANZ and they said they'd pre-approve me $335k etc.. But i saw the mortgage insurance for them was close $6k. Now... A month or so ago, i went to see someone at Mortgage Choice and they quoted me around a loan or $320k or so and mortgage insurance was a bit over $4k.. My question is: Why the 2k difference? Who's ripping me off more? Of that $4k the mortgage Broker quoted, what expected commission would they receive on this? I ask, because recently i read an article at news.com.au about travel agents charging 30-50% more for travel insurance, so whenever i hear this word 'insurance' one must expect they are being ripped off so someone can type some figures in and make a smooth 20-30% commisson. Anyone had any dealings with Mortgage brokers / banks, preferences? Thanks.