Be Loyal & Don’t Shop: A Recipe for Overpaying
September 30, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
Be Loyal & Don’t Shop: A Recipe for Overpaying Big banks love mortgage consumers who don’t carefully comparison shop. They also enjoy capitalizing on their “home bank” advantage with existing customers. The article that follows examines recently-released research on these topics. It’s a revealing look at how big lenders benefit significantly from things like mortgage “search costs” […]
