Homebuyers, here’s how much you could have saved by shopping around for a mortgage last week

Mortgage borrowers who shopped around last week could’ve saved $42,875 on the life of a $300,000 loan, according to LendingTree’s Mortgage Rate Competition Index. According to the company’s data, although the share of borrowers with rates under 4.25% moderately edged down, nearly 33% of borrowers received rates under 4.25%.