Times Online - America’s ailing housing market was rocked again yesterday after weaker than expected figures showed that existing- sales fell to their lowest level in more than four years last month. Sales of existing homes slumped to an annual rate of 5.75 ... This is also perhaps why mortgage brokers charge high for closing fees. A percentage of the closing fee you pay on a mortgage goes to the mortgage broker's personal funds. This, along with a few more fees, stands as their salary.