patrick.net

Anyone who cares knows that broker fees are 6-7% Since it is built into the "proceeds of the sale" the buyers/sellers couldn't care less. Make the commission a separate fee that cannot be included in the loan, then we will see some shopping around. While you are at it, eliminate the government backed 30 year mortgage. When people need to put 20% down and pay the higher nut of a 15 year vs 30 year loan, we will see more reasonable home prices.