Tendayi Kapfidze

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LendingTree: Share of borrowers with interest rates under 5% climbs

Feb 07, 2019By

According to LendingTree’s Mortgage Rate Competition Index, the number of borrowers with interest rates under 5% hit 85% for the week ending Feb. 3, 2019. LendingTree Chief Economist Tendayi Kapfidze said homebuyers could have seen median lifetime savings of $30,858 in interest on a $300,000 loan by comparison shopping for the best mortgage rates.

3d rendering of a row of luxury townhouses along a street

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