Items Tagged with 'Mortgage shopping'

ARTICLES

  • Here's what borrowers could save by getting additional mortgage quotes

    Here’s what they could save with just one more quote
    Once borrowers begin their home-buying process, they rarely shop around for their mortgage, most often preferring to go with the first lender they find. As it turns out, this could be causing them to lose out on a lot of money, according to the April Insight report from Freddie Mac. Here’s what borrowers could be saving.
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  • LendingTree’s business is booming as more consumers shop around for mortgages

    Total loan requests rose by 48% in second quarter
    Earlier this week, LendingTree put out a report that showed that borrowers who shop around for their mortgage could save thousands of dollars per year. LendingTree’s business is, of course, helped by borrowers shopping around for mortgages, as lenders pay LendingTree for the “chance to compete” for the business of consumers who search the site. And as it turns out, borrowers are increasingly shopping around for mortgages on LendingTree, and that’s doing wonders for LendingTree’s business.
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  • Why don’t potential homebuyers shop around for their mortgage?

    Magilla Loans co-founder explains
    Consumers are used to comparing flights and hotel prices, and yet when it comes to the biggest financial purchase they will ever make, buying a home, they choose to go with the first lender they find. Chris Meyer, co-founder at Magilla Loans, an online loan comparison site, explained why this is and what home shoppers should really be doing.
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  • Quicken Loans parent acquires mortgage shopping website LowerMyBills.com

    Rock Holdings continues expanding empire
    Rock Holdings, the parent company of Quicken Loans, announced Friday that it is expanding its portfolio with the acquisition of LowerMyBills and ClassesUSA from Core Digital Media. The acquisition of LowerMyBills.com is an interesting one, considering that the site is a financial services comparison site, which allows consumers to shop around for various financial products, including mortgages.
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