Consumers want lowest mortgage rate, but most won't shop for it
ICE Mortgage Technology survey finds 84% of homeowners who have taken out a mortgage in the last 5 years only considered 1 or 2 lenders before closing the deal
by Matt Carter Jul 5
'Inflation is still running too high': Homebuyers stunned by rate surge
Requests for purchase loans were down last week by 31% from a year ago as rates rose to a 2023 high and homes remained scarce, according to the MBA's Weekly Mortgage Applications Survey
by Matt Carter May 31
Mortgage rate gap among lenders wider than previously understood
A homebuyer taking out a $300K loan could end up overpaying by $1,200 a year — and even more if they're in the market for a jumbo, FHA or VA mortgage, according to a new CFPB analysis
by Matt Carter May 26
Regulators fire warning shot over bow of mortgage comparison sites
The Consumer Financial Protection Bureau said operators of mortgage comparison-shopping platforms may be violating RESPA if they manipulate search results to coerce kickbacks
by Matt Carter Feb 7
Surveys reveal why some buyers don't shop for a mortgage
Shopping around can save thousands of dollars, but 1 in 3 prospective homebuyers only get a quote from one lender, Fannie Mae surveys show
by Matt Carter Nov 18
Zillow mortage-shopping tool powers Google
Ratings, reviews and rates of lenders who use Zillow for marketing will appear prominently on Google
by Teke Wiggin Nov 23
Uncle Sam wants YOU to shop for a mortgage
Consumer watchdog's online toolkit guides homebuyers through process
by Andrea V. Brambila Jan 13
Mortgage borrowers who don't use online tools to comparison shop may be losing out
Wealthy are more likely to do own calculations, select most competitive offer
by Inman Jan 6
Commentary: Regulators can't see past best mortgage price
by Lou Barnes Jul 13
Do you know where to look?
by Jack Guttentag Jun 25
4 tips to avoid being overcharged
by Jack Guttentag Apr 2
5 lenders participating in 'Certified Lender Network'
by Inman Feb 15
Don't assume loan officer has your best interest in mind
by Jack Guttentag Jan 9
Integrated calculators help you decide
by Jack Guttentag Jan 2
Selecting a lender before knowing price rarely ends well
by Jack Guttentag Dec 27