Terry Prescott Blog

Mortgage Knowledge

Must Know For Mortgage
Posted by Terry Prescott on April 25, 2011 in  Mortgage Knowledge
Many Borrowers Lack Mortgage Knowledge A recent survey by Zillow Mortgage Marketplace found that borrowers who received a home loan in the past five years spent, on average, five hours researching their options. That’s about half the amount of time borrowers spent researching a car purchase (10 hours). What’s more, nearly one-third spent two hours or less, according to Zillow. While a home purchase is typically one of the largest investments people make, the lack of mortgage knowledge can be a c... read more
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