The most searched mortgage-related questions in the past year in the U.S. are thing like what is a mortgage, what is PMI, should I refinance, what is APR, what is escrow, according to Google Trends. Now home buyers and those looking for answers about refinancing mortgages have new resources from Google.
Searching for “mortgage” on a phone will serve up a feature that breaks down the complex mortgage process into easy-to-follow steps to help guide those interested through the process. It connects the person with to a set of resources, including news articles, industry definitions and terms, a calculator to assist with payment plans and average mortgage rates.