Not in your best interest

Sydney Morning Herald - Money, pg 1
12 August, 2009

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Beware of variable mortgages with hefty exit fees. They may lock you in to a bad deal. Melbourne Business School’s Professor Joshua Gans says part of the reason for the growth in exit fees is that most customers do not factor them in when signing up for a mortgage. … [Read Full Text]

Joshua Gans

Professor of Management
Innovation Research Program, Centre for Ideas and The Economy