Do you comparison shop before shelling out hard-earned cash?
Most people do -- but not always at the most important times. According to LendingTree, 96% of us say we comparison shop. However, only 60% of people get more than one mortgage quote.
You may be able to save a few bucks on retail items, but you can save thousands (or more) when you get the right mortgage. Some of the savings can come in the form of a lower monthly payment, which you can enjoy today. You can also spend less on interest over your lifetime and have extra funds for more important things. If you don't shop around, you're probably paying too much.
If you're not sure how you can benefit from a better mortgage, run some numbers with a mortgage loan calculator. See how different mortgages lead to different monthly payments and overall interest costs.
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