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Most Homebuyers Overpaid on Mortgages | Real Estate News
Most homebuyers last year paid way too much for their mortgages—87% didn’t snag the best rate available, costing them an average of $3,300 extra annually, or nearly $78,000 over the life of the loan. Surprisingly, smaller towns like Victoria and Tyler, Texas, saw the biggest percentage gaps, not just big cities. Even if you’re just going with your usual bank, you’re likely overpaying—comparison shopping is the key to real savings. Real estate agents can help clients avoid this costly mistake with just a few extra minutes of research. Listen in comfort:Get a discount on a Soli Pillow…
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