Knowing Your Options Saves You Big

A 2012 Stanford University study concluded that consumers who obtain at least four mortgage quotes save over $2,700 in fees on average for a $200,000 home loan compared to those who only got one or two quotes. This means the more quotes you get, the better rates you'll find.

The problem is that for most people comparing mortgage terms and fees from an endless line up of banks and lenders can be overwhelming. The good news is that it doesn’t have to be.

This quiz will cut right to chase and help you find the right mortgage with the lowest rates for you. Don't make another move until you know all of your options.

5 questions to lock in the lender with the lowest mortgage rates

By Jesse Adams

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