LendingTree says mortgage shoppers save $62,572 on average by comparing offers

LendingTree

LendingTree

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  • LendingTree analysis of 80,000-plus shoppers found choosing the lowest vs highest offered rate saved an average $62,572 on a 30-year fixed mortgage.
  • Average rate spread between lowest and highest offers was 0.79 percentage points; spreads widened to 0.98 points with six-plus offers.
  • Estimated savings rose to $81,735 with six-plus offers, versus $62,572 overall; monthly savings increased to $227 from $174.
  • Survey data showed 66% compared multiple lender quotes, while 54% negotiated; baby boomers were least likely to negotiate at 18%.
  • Among borrowers who negotiated rates, 93% cut monthly payments; 37% lowered payments by at least $100.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LendingTree Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606111323PR_NEWS_USPR_____CL81870) on June 11, 2026, and is solely responsible for the information contained therein.

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