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Over 10,000 Mortgage Rate Searches Completed at FreeRateSearch.com In First Month
Added: 05/07/2007
Type: Summary
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Over 10,000 Mortgage Rate Searches Completed at FreeRateSearch.com In First Month

Over 10,000 mortgage rate searches have been completed at http://www.FreeRateSearch.com in the first month the service has been available. The website is the first to help consumers to instantly receive mortgage rate quotes, whether their credit is subprime or perfect, while remaining completely anonymous.

"Today consumers are used to being able to get instant quotes for auto insurance, airfare, stock prices and more online. It's only logical that consumers want accurate mortgage rate quotes instantly, without having to first share their personal information with lenders," says Gerri Detweiler, education director for http://www.FreeRateSearch.com. "They are using our service to quickly find out what kind of loan they qualify for."

Today consumers are used to being able to get instant quotes for auto insurance, airfare, stock prices and more online. It's only logical that consumers want accurate mortgage rate quotes instantly, without having to first share their personal information with lenders
Using technology previously only available to mortgage bankers, consumers can now use FreeRateSearch.com to search thousands of loan program variables from lenders nationwide and find the best mortgage rates available for their individual loan request. Consumers who find an attractive mortgage rate may ask a lender in the site's network to match that rate. Loan programs include purchase or refinance loans, fixed or adjustable rate mortgages, and loans for investment properties or second homes.

The instant mortgage rate search technology http://www. FreeRateSearch.com uses is much more compatible with the way consumers use online searches in other areas of financial services. "As mortgage shoppers become more aware of our service," says Detweiler, "we expect it will quickly become the first and last place they go to find a rate and lender for their next mortgage loan."

About FreeRateSearch.com
FreeRateSearch.com, a service of Lender Rate Match LLC, is the first website that allows consumers to search for customized, unbiased mortgage rate information from multiple lenders, quickly and anonymously. Its mission is to help consumers save money by getting the best mortgage rate. The service is offered by mortgage banking executives and employs proven mortgage pricing technology currently used by select mortgage underwriters, loan originators, and mortgage banking firms.

Note: FreeRateSearch.com and LenderRateMatch are trademarks of Lender Rate Match LLC.


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