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Online mortgages boom despite housing bust

Posted on 31 January 2012

With mortgage rates at historic lows and consumers’ power through social media at an all-time high, those looking to buy homes or refinance can find the combination advantageous if they go online to shop for a mortgage.
The idea of borrowing money in an internet-based transaction isn’t new, but consumers are finding that the strong, growing power of social media can help them find a comfort zone. Consumers recently beat down Bank of America’s plan to charge for debit card use and Verizon Wireless’ proposed “convenience” fee to pay bills online……………………………………….Full Article: Source


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