Searching for home mortgage rates online often means submitting information to a Web site, then withstanding a flurry of calls and e-mail messages from brokers and lenders trying to sell a loan.Refinance.com, which made its debut this month, aims to simplify the process for those looking to refinance their mortgages, by connecting a borrower with just one lender. In seeking would-be borrowers, it maintains that they would most likely receive a lower interest rate.The claim has merit, according to at least one participating lender. Industry analysts, meanwhile, said the site was worth trying.
By Bob Tedeschi, Jan. 21, 2010 WSJ

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