Lending Tree Launches New Mortgage Service

LendingTree has launched a new free service that alerts customers when mortgage rates fall below a certain level—a wonderful tool for first time buyers as well as seasoned investors. The service named, Mortgage Rate Alert, provides the lowest rates from the network of lenders that work through LendingTree. Mona Marimow, a senior vice president for LendingTree states, “When it comes to mortgage rates, there is often magic number consumers are looking for before they commit to refinancing or purchasing a home. With the mortgage rate alert, you can stay up-to-date without lifting a finger.”

This service can put the homeowner or the potential homeowners mind at rest. Taking a huge burden off of their shoulders when weighing the decision to refinance or to take that leap into buying an apartment or home!

To enroll in the program is easy! Go to www.lendingtree.com/ratealert. Customers will be asked to enter a valid email address and a target mortgage rate.

As an added benefit, LendingTree is owned by a Charlotte-based company, Tree.com Inc. (NASDAQ: TREE), an online lending and real estate company.

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