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Report: Most homebuyers are overpaying on their mortgage
A Bankrate report reveals 87% of borrowers are overpaying on their mortgages, costing the average homeowner over $3,300 annually. The study highlights that most buyers don't compare lenders, and advises shopping around to avoid losing tens of thousands over a 30-year loan. The same applies to refinancing.
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- Best mortgage lenders to know now, plus advice on buying and refinancing
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