business

Most homebuyers don't shop around for a mortgage, research shows. Why that's a bad idea - CNBC

Because interest rates and closing costs vary among lenders, not shopping around for the best mortgage terms can be a costly mistake.

By:Sarah O'Brien
Source:CNBC
Published:
Most homebuyers don't shop around for a mortgage, research shows. Why that's a bad idea - CNBC
For homebuyers, getting one preapproval for a mortgage that has palatable terms may seem good enough. More than two-thirds 69% of homebuyers submit only one mortgage application, according to anew … [+4349 chars]

Related News