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Shopping around for a mortgage really paid off for borrowers last week

Nov 15, 2019By

Mortgage borrowers who shopped around last week could’ve saved $48,911 on the life of a $300,000 loan, according to LendingTree’s Mortgage Rate Competition Index. According to the company’s data, the share of borrowers that received rates under 4% moderately edged down to 48.2%, with the index growing to 1.03 for the week ending Nov. 10, 2019.