Tuesday, April 16, 2024 | The Latest Buzz for the Appraisal Industry

Mortgage Analysis Says Borrowing Less Costs More

By xhevrije

Zillow released a mortgage analysis of loan requests and quotes finding that borrowers with loans of $100,000 pay 10 percent more for every dollar borrowed due to higher interest rates and fees compared to borrowers with $400,000 home loans. Furthermore, borrowers with small loans tend to have trouble finding lenders to lend to them.

The post Mortgage Analysis Says Borrowing Less Costs More appeared first on theMReport.com.

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