An article in the Sunday Telegraph Jan 20th 2008, highlights the impact commissions have on your mortage;
"Brokers typically receive up-front commissions of around 0.65 per cent of the entire loan amount, followed by a so-called "trail'' commission of 0.20 per cent of the loan amount every year that the loan is in force"
Read the full article at http://www.news.com.au/business/money/story/0,25479,23080026-5013952,00.html
YourShare are working to be able to help clients claim back these commissions soon too.
It really is your money, make it work for YOU, not someone else


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