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Loan Modification

: The Truth About Mortgage.com

Tired Home Shoppers More Likely to Pick High Risk Mortgages

By scot184

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A new study claims homebuyers are often so mentally exhausted from home shopping that they rush the mortgage process and wind up with higher-risk loans. A pair of George Washington University instructors identified the phenomenon as ?cognitive resource depletion,? meaning individuals burn out on one activity and devote less time to a subsequent one, in this [...]

Full post as published by The Truth About Mortgage.com on June 07, 2010 (boomark / email).

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