Mortgage shopping is often seen as tedious and stressful, involving complex math and high-pressure sales tactics. Many people settle for the first lender they encounter, missing out on potential savings and knowledge. By comparing multiple lenders and understanding mortgage options, borrowers can avoid costly mistakes and negotiate better rates. Tips include using a temporary phone number for inquiries, comparing mortgage brokers, and recognizing that rates can vary significantly based on credit scores. Ultimately, shopping around can lead to better mortgage decisions and lower costs.
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