Are You Paying Too Much for Mortgage Fees?
Overcharges for mortgage fees are more common than they used to be, a new study finds and dubious fees may mean consumers are overpaying to get a mortgage, according to data collected from more than 10,000 recent borrowers by the National Mortgage Complaint Center, a watchdog organization that helps consumes avoid overcharges. Here are the most common mortgage overages and how to avoid them: Inflated Credit-Report and Courier Fees Some lenders are charging up to $65 for pulling your credit report. That is unusually high, considering the fact that credit reporting bureaus only charge $6 ...
Source: cbn.com