LendingTree Finds Homebuyers Can Save Over $60,000 on Average Comparing Mortgage Offers, Yet Many Dont Negotiate

▤ Summary

LendingTree published a study showing that mortgage shoppers can save significant money by comparing offers and negotiating terms. The report found average lifetime savings of $62,572 for borrowers who pick the lowest rate instead of the highest on a 30-year fixed mortgage. It also showed that many borrowers still skip negotiation even though it often lowers monthly payments and upfront costs. The findings reinforce LendingTree’s role as a comparison marketplace connecting consumers with multiple lending partners.

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