LendingTree’s business is booming as more consumers shop around for mortgages

Earlier this week, LendingTree put out a report that showed that borrowers who shop around for their mortgage could save thousands of dollars per year. LendingTree’s business is, of course, helped by borrowers shopping around for mortgages, as lenders pay LendingTree for the “chance to compete” for the business of consumers who search the site. And as it turns out, borrowers are increasingly shopping around for mortgages on LendingTree, and that’s doing wonders for LendingTree’s business.

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