While standard economic... | Clean Up Real Estate.org

Posted May 16th, 2008 by cure_admin

... theory assumes that consumers shop for the best available price and terms, even the most sophisticated borrowers often find it difficult to effectively shop for mortgages.

— Harvard University, Joint Center for Housing Studies

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... or time to gather information, consumers often rely on a broker or loan officer to gather the needed information and present the best choices. Reliance on third parties best serves the interests of the consumer when their interests are aligned.

— Harvard University, Joint Center for Housing Studies

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