LendingTree shifts direction

Tree.com Inc. saw its mortgage business drop off as interest rates rose at the end 2010. And Chief Executive Doug Lebda says the company is changing operations to cope with a shifting market.

The company will invest more heavily on marketing — both traditional advertising and the online and search-engine marketing Tree.com has honed over the years. But other changes are likely to continue to erode the importance of Tree.com's signature business — the LendingTree.com loan exchange — to the company's bottom line.

By far the largest business line has become the direct mortgage lender, LendingTree Loans. And Lebda plans ...

Read more: LendingTree shifts direction | Charlotte Business Journal

Tree.com curbs losses in 2010

Despite a strong performance by its lending division, Tree.com Inc. reports losses for the fourth quarter and year. The losses were, however, smaller than those in 2009.

Tree.com (NASDAQ:TREE) lost $12.5 million, or $1.12 per diluted share, in the fourth quarter on revenue of $51.2 million. That's up from a loss of $21 million, or $1.92 per diluted share, on revenue of $47.8 million a year earlier.

For the year, Tree.com lost $17.6 million, or $1.60 per diluted share, on $198.2 million in revenue. That's better than the $24.5 million, or $2.32 per diluted share, that Tree.com lost in 2009. The company had sales of $216.8 million in 2009.

Read more: Tree.com curbs losses in 2010 | Charlotte Business Journal

"We've been talking about the shift in the market that would come with rising interest rates, and we have been preparing for it," says Chief Executive Doug Lebda. "We are now executing our plans to grow and succeed in a very different market in 2011 than what we had in the last three years."

Charlotte-based Tree.com is best known for LendingTree, an online-mortgage exchange that links borrowers with lenders. The exchange had a rough fourth quarter, with operating losses growing to $4.7 million from $1.2 million a year ago. Revenue fell to $11.9 million from $18 million in the same period because the exchange matched fewer borrowers to lenders, leading to fewer closed loans.

But LendingTree has its own loan-making division, which has been a top performer. That was true again in 2010. The improvement for the quarter and year stems largely from improved numbers in that division, although the company also cut overhead costs in its corporate offices.

LendingTree Loans saw revenue rise 61 percent in the latest quarter to $37 million from $22.9 million in 2009. Its operating income hit $7.8 million, up 81 percent from the prior year.

Tree.com has concentrated on souping up its direct-lending operations. The company has increased the number of licensed loan officers by 39 percent in the past year. And the number is up 28 percent from September.

Losses grew sharply, however, in Tree.com's real estate division, home of its RealEstate.com operation.

Fourth-quarter operating losses swelled to $11.9 million from $3.6 million a year ago. Most of the increase was due to a $10.3 million impairment charge.

Read more: Tree.com curbs losses in 2010 | Charlotte Business Journal

Online Mortgage Shopping Made Easier

... Keith T. Gumbinger, the vice president of HSH Associates, which tracks mortgage rates and provides rate quotes from lenders, says that while there is plenty of mortgage information out there, much of what has been available on the Web until recently is "broad but shallow."

"Consumers often can't get some of the more technically oriented stuff," he said, citing explanations of when an adjustable-rate mortgage actually adjusts, or prepayment penalties apply. ...

... A poll of more than 1,300 homeowners conducted by Harris Interactive, a market research firm, for LendingTree, and published in December, found that while 96 percent of Americans comparison-shopped for "anything," only 61 percent said they did so for mortgages. The remaining 39 percent took out home loans based on just one quote — even though 9 in 10 of those buyers said they knew that rates varied among lenders. ...

LendingTree

This article needs references that appear in reliable third-party publications. Primary sources or sources affiliated with the subject are generally not sufficient for a Wikipedia article. Please add more appropriate citations from reliable sources. (June 2010)

LendingTree

Type	LLC
Founded	Charlotte, North Carolina (1998)
Headquarters	Charlotte, North Carolina, USA
Key people	Doug Lebda, CEO/Founder
Employees	700 (2008)
Website	www.lendingtree.com

Original logo used from 1998 until 2009.

LendingTree is an online lending exchange. LendingTree is a web-based company (LendingTree.com), operating a lead-generation business. LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, and credit cards.

[edit]History

Launched in 1998 with headquarters in Charlotte, LendingTree, LLC also owns and operates LendingTree Loans sm, GetSmart.com, and HomeLoanCenter.com. LendingTree, LLC is a business of Tree.com, Inc. (NASDAQ: TREE).

LendingTree was part of IAC Financial Services and Real Estate, an operating company ofIAC (NASDAQ: IACI).

[edit]Criticism

In 2010, BanxCorp began antitrust legal proceedings against more than 100 companies, including LendingTree. Outcome pending. ^[1][2]

[edit]References

1. ^ forbes.com (June 3, 2010). "Antitrust Complaint Filed Against Dow Jones & Co., The New York Times and Other Media Giants". Press release. Retrieved 2010-06-22. "A federal antitrust complaint was filed against nine firms including Dow Jones & Co., The New York Times, CNBC, CNN, MSNBC and others, for engaging in unlawful per se horizontal market division, customer allocation, and price fixing agreements with competitors in the market for bank rate websites throughout the United States. ... The case is USDC-DNJ 2:10-cv-02467-SDW-MCA."
2. ^ http://banx.com/BanxCorp_v_LendingTree_et_al.pdf

Home Loans Without Headaches

Whether you're a first-time home buyer or a seasoned veteran, finding a great mortgage is often stressful and time-consuming. LendingTree helps streamline the process.  Complete our online home loan request to compare offers from competing lenders. 

Here's how it works:

• Complete our simple, secure online request
• Receive up to 4 offers from lenders
• Compare mortgage rates and terms for each loan
• Choose the loan that fits your needs

Start your free LendingTree mortgage loan request now and enjoy all the benefits of a home loan custom-fitted to your needs!  You will have wide choice of home mortgage options, including fixed and variable rate home loans. You may qualify for an FHA loan, which can allow a low down payment and can lower your closing costs.  You must meet FHA eligibility requirements to qualify.

Choosing the right mortgage loan for your financial situation is a big decision.  LendingTree lets you compare home mortgage options from multiple lenders, allowing you to choose between fixed rate loans and adjustable rate mortgages (variable rate loans), both for 15 or 30 year terms.  You can also compare mortgage interest rates, points and other loan options to find the best mortgage for your financial needs.

If you need more information before you start, check out ourexpert home loan tips or try a mortgage calculator.  Explore the full range of home loan options available to you at no obligation

LendingTree Weekly Mortgage Rate Pulse Reports Rates Tick Up

CHARLOTTE, N.C., Jan. 19, 2011 /PRNewswire/ -- Average mortgage rates increased slightly week-over-week according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average home loan rates available within the LendingTree network of lenders.

On January 18, average home loan rates offered by LendingTree network lenders were 5.03 percent (5.26% APR) for 30-year fixed mortgages, 4.33 percent (4.69% APR) for 15-year fixed mortgages and 3.77 percent (3.98% APR) for 5/1 adjustable rate mortgages (ARM). Rates for 30-year fixed and 15-year fixed mortgages increased slightly, while 5/1 ARM rates remained relatively flat.

On the same day, the lowest mortgage rates offered by lenders on the LendingTree network were 4.5 percent (4.64% APR) for a 30-year fixed mortgage, 3.75 percent (3.99% APR) for a 15-year fixed mortgage and 3.00 percent (3.21% APR) for a 5/1 ARM. 

"Market conditions have continually been improving for borrowers over the past month with rates back down to early December levels," said Cameron Findlay, LendingTree chief economist. "However, given the impending rise in agency loan level pricing adjustments scheduled to take effect in the next two weeks and increased tension in the market surrounding what is considered a 'Qualified Residential Mortgage' there is a lot of risk waiting to lock your mortgage rate in this environment."

Below is a state-by-state comparison of mortgage data including a snapshot of the lowest 30-year fixed rates offered by lenders on the LendingTree network, average loan-to-value ratio and percentage of consumers with negative equity.

   

STATE-BY-STATE MORTGAGE DATA 1/19/10

*Updated Quarterly
   

STATE
   

LOWEST MORTGAGE RATE
   

LOAN-TO-VALUE RATIO*
   

% WITH NEGATIVE EQUITY*
   

Alabama
   

4.50% (4.65% APR)
   

67.1%
   

10.5%
   

Alaska
   

4.75% (4.95% APR)
   

67%
   

8.9%
   

Arizona
   

4.63% (4.82% APR)
   

92.4%
   

48.6%
   

Arkansas
   

4.63% (4.74% APR)
   

73.6%
   

11.6%
   

California
   

4.50% (4.64% APR)
   

70.1%
   

31.6%
   

Colorado
   

4.50% (4.70% APR)
   

72.1%
   

19.6%
   

Connecticut
   

4.38% (4.48% APR)
   

58.2%
   

11.9%
   

Delaware
   

4.50% (4.59% APR)
   

67.9%
   

13.3%
   

District of Columbia
   

4.63% (4.76% APR)
   

58.6%
   

15.2%
   

Florida
   

4.50% (4.63% APR)
   

88.7%
   

45.5%
   

Georgia
   

4.50% (4.64% APR)
   

79.8%
   

28%
   

Hawaii
   

4.63% (4.71% APR)
   

55.5%
   

10.7%
   

Idaho
   

4.63% (4.82% APR)
   

74.1%
   

25.3%
   

Illinois
   

4.50% (4.59% APR)
   

70.6%
   

19.4%
   

Indiana
   

4.63% (4.76% APR)
   

70%
   

11.3%
   

Iowa
   

4.63% (4.82% APR)
   

66.9%
   

8.7%
   

Kansas
   

4.50% (4.70% APR)
   

70.6%
   

11.1%
   

Kentucky
   

4.50% (4.65% APR)
   

68%
   

8.9%
   

Louisiana
   

4.63% (4.82% APR)
   

N/A
   

22.5%
   

Maine
   

4.63% (4.83% APR)
   

N/A
   

22.5%
   

Maryland
   

4.50% (4.70% APR)
   

68.8%
   

22%
   

Massachusetts
   

4.63% (4.75% APR)
   

60.3%
   

14.9%
   

Michigan
   

4.63% (4.75% APR)
   

85.5%
   

37.6%
   

Minnesota
   

4.63% (4.75% APR)
   

65.5%
   

16.2%
   

Mississippi
   

4.63% (4.83% APR)
   

N/A
   

22.5%
   

Missouri
   

4.50% (4.70% APR)
   

71.5%
   

15.7%
   

Montana
   

4.63% (4.71% APR)
   

60.1%
   

7.7%
   

Nebraska
   

4.63% (4.82% APR)
   

73.1%
   

9.6%
   

Nevada
   

4.63% (4.76% APR)
   

118.7%
   

66.5%
   

New Hampshire
   

4.63% (4.75% APR)
   

69%
   

17.7%
   

New Jersey
   

4.50% (4.64% APR)
   

61.3%
   

15.2%
   

New Mexico
   

4.63% (4.76% APR)
   

66.4%
   

12.6%
   

New York
   

4.50% (4.61% APR)
   

49.8%
   

7%
   

North Carolina
   

4.50% (4.64% APR)
   

70.3%
   

10.5%
   

North Dakota
   

4.63% (4.82% APR)
   

59.9%
   

7.4%
   

Ohio
   

4.63% (4.75% APR)
   

74.7%
   

20%
   

Oklahoma
   

4.63% (4.74% APR)
   

70.7%
   

6.0%
   

Oregon
   

4.50% (4.70% APR)
   

68.7%
   

15.6%
   

Pennsylvania
   

4.50% (4.63% APR)
   

62.1%
   

7.4%
   

Rhode Island
   

4.63% (4.82% APR)
   

61.6%
   

20%
   

South Carolina
   

4.63% (4.75% APR) 
   

70.4%
   

14.2%
   

South Dakota
   

4.63% (4.74% APR)
   

N/A
   

22.5%
   

Tennessee
   

4.50% (4.70% APR)
   

70.9%
   

13.9%
   

Texas
   

4.50% (4.63% APR)
   

69.5%
   

11.2%
   

Utah
   

4.63% (4.87% APR)
   

73.6%
   

20.7%
   

Vermont
   

4.63% (4.82% APR)
   

N/A
   

22.5%
   

Virginia
   

4.50% (4.74% APR) 
   

70.5%
   

22.1%
   

Washington
   

4.50% (4.70% APR)
   

66.2%
   

14.9%
   

West Virginia
   

4.75% (4.95% APR)
   

N/A
   

22.5%
   

Wisconsin
   

4.75% (4.95% APR)
   

67.2%
   

13.1%
   

Wyoming
   

4.63% (4.74% APR)
   

N/A
   

22.5%
   

   
           


Additional refinance mortgage rates are available at http://www.lendingtree.com/mortgage-loans/rates.

The LendingTree Weekly Mortgage Rate Pulse is published every Wednesday. Home loan rates above are reflective of actual rates offered to borrowers by lenders on the LendingTree network. Lowest rates shown reflect the payment of one discount point. Rates will vary based on the borrower's loan details and credit profile. Visit www.lendingtree.com to learn more.

About LendingTree, LLC

LendingTree, LLC is the nation's leading online lender exchange and personal finance resource, helping consumers take charge of all their financial decisions, from budgeting to money management to mortgages to credit cards and more. LendingTree provides a marketplace that connects consumers with multiple lenders that compete for their business, as well as an array of online tools to aid consumers in their financial decisions. Since inception, LendingTree has facilitated more than 28 million loan requests and $214 billion in closed loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans/lines of credit, and more. LendingTree, LLC is a subsidiary of Tree.com, Inc. (Nasdaq: TREE). For more information go to www.lendingtree.com, dial 800-555-TREE , join our Facebook page and/or follow us on Twitter @LendingTree.

LendingTree Weekly Mortgage Rate Pulse Reports Falling Rates

On January 4, average home loan rates offered by LendingTree network lenders were 5.01 percent (5.26% APR) for 30-year fixed mortgages, 4.34 percent (4.70% APR) for 15-year fixed mortgages and 3.91 percent (4.06% APR) for 5/1 adjustable rate mortgages (ARM). Mortgage rates for all loan types were down from the prior week.

On the same day, the lowest mortgage rates offered by lenders on the LendingTree network were 4.375 percent (4.57% APR) for a 30-year fixed mortgage, 3.75 percent (3.99% APR) for a 15-year fixed mortgage and 3.00 percent (3.21% APR) for a 5/1 ARM.  

On January 4, LendingTree network lenders offered rates for a jumbo loan as low as 5.375% percent (5.393% APR) for 30-year fixed mortgages, 5.875 percent (5.917% APR) for 15-year fixed mortgages.

Average jumbo loan rates offered by lenders this week were 5.90 percent (5.97% APR) for 30-year fixed mortgages and 5.73 percent (5.84% APR) for 15-year fixed mortgages.

"Since September, the spread between a conforming 30-year fixed mortgage and a jumbo mortgage has slowly narrowed to 60 basis points, reaching their most attractive level since mid-2007," said Cameron Findlay, LendingTree chief economist. "For homeowners in the high-end housing market, it's a great time to consider refinancing."

Below is a state-by-state comparison of mortgage data including a snapshot of the lowest 30-year fixed rates offered by lenders on the LendingTree network, average loan-to-value ratio and percentage of consumers with negative equity.

STATE-BY-STATE MORTGAGE DATA 1/4/11 *Updated Quarterly
STATE	LOWEST MORTGAGE RATE	LOAN-TO-VALUE RATIO*	% WITH NEGATIVE EQUITY*
Alabama	4.50% (4.65% APR)	67%	9.8%
Alaska	4.63% (4.82% APR)	67%	10.6%
Arizona	4.50% (4.70% APR)	94%	50%
Arkansas	4.63% (4.74% APR)	74%	12%
California	4.50% (4.63% APR)	70%	32.8%
Colorado	4.50% (4.70% APR)	72%	19.7%
Connecticut	4.50% (4.61% APR)	58%	12%
Delaware	4.50% (4.59% APR)	68%	13.5%
District of Columbia	4.50% (4.74% APR)	59%	15.5%
Florida	4.38% (4.48% APR)	90%	46.4%
Georgia	4.38% (4.52% APR)	80%	28.1%
Hawaii	4.63% (4.71% APR)	55%	10.7%
Idaho	4.50% (4.70% APR)	73%	23.7%
Illinois	4.50% (4.70% APR)	71%	19.7%
Indiana	4.50% (4.70% APR)	70%	11%
Iowa	4.63% (4.82% APR)	67%	8.8%
Kansas	4.63% (4.82% APR)	70%	10.8%
Kentucky	4.50% (4.70% APR)	67%	8.5%
Louisiana	4.50% (4.70% APR)	N/A	23%
Maine	4.50% (4.70% APR)	N/A	23%
Maryland	4.50% (4.63% APR)	69%	22.2%
Massachusetts	4.63% (4.75% APR)	60%	15%
Michigan	4.50% (4.64% APR)	86%	38%
Minnesota	4.50% (4.63% APR)	65%	16.3%
Mississippi	4.50% (4.70% APR)	N/A	23%
Missouri	4.38% (4.57% APR)	71%	15.5%
Montana	4.63% (4.71% APR)	60%	7.7%
Nebraska	4.63% (4.82% APR)	73%	9.3%
Nevada	4.63% (4.76% APR)	120%	68.1%
New Hampshire	4.50% (4.70% APR)	69%	18.4%
New Jersey	4.50% (4.63% APR)	61%	15.4%
New Mexico	4.50% (4.70% APR)	66%	12.2%
New York	4.50% (4.61% APR)	50%	7.1%
North Carolina	4.38% (4.57% APR)	70%	10.4%
North Dakota	4.50% (4.70% APR)	60%	7.4%
Ohio	4.50% (4.70% APR)	74%	19.7%
Oklahoma	4.63% (4.74% APR)	70%	5.8%
Oregon	4.50% (4.70% APR)	69%	15.7%
Pennsylvania	4.38% (4.48% APR)	62%	7.3%
Rhode Island	4.50% (4.70% APR)	62%	20.3%
South Carolina	4.50% (4.63% APR)	71%	14.3%
South Dakota	4.50% (4.62% APR)	N/A	23%
Tennessee	4.38% (4.57% APR)	71%	13.8%
Texas	4.50% (4.63% APR)	70%	11.3%
Utah	4.50% (4.70% APR)	73%	20.4%
Vermont	4.50% (4.70% APR)	N/A	23%
Virginia	4.38% (4.61% APR)	71%	22.7%
Washington	4.50% (4.70% APR)	66%	15.2%
West Virginia	4.63% (4.82% APR)	N/A	23%
Wisconsin	4.63% (4.82% APR)	67%	13.7%
Wyoming	4.63% (4.7%4 APR)	N/A	23%

Additional refinance mortgage rates are available at http://www.lendingtree.com/mortgage-loans/rates/.

The LendingTree Weekly Mortgage Rate Pulse will be published every Wednesday. Home loan rates above are reflective of actual rates offered to borrowers by lenders on the LendingTree network. Lowest rates shown reflect the payment of one discount point. Rates will vary based on the borrower's loan details and credit profile. Visit www.lendingtree.com to learn more.

About LendingTree, LLC

LendingTree, LLC is the nation's leading online lender exchange and personal finance resource, helping consumers take charge of all their financial decisions, from budgeting to money management to mortgages to credit cards and more. LendingTree provides a marketplace that connects consumers with multiple lenders that compete for their business, as well as an array of online tools to aid consumers in their financial decisions. Since inception, LendingTree has facilitated more than 28 million loan requests and $214 billion in closed loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans/lines of credit, and more. LendingTree, LLC is a subsidiary of Tree.com, Inc. (NASDAQ: TREE).

LendingTree Weekly Mortgage Rate Pulse Reveals Slightly Falling Rates

CHARLOTTE, N.C., Dec. 29, 2010 /PRNewswire/ -- Average mortgage rates fell slightly week-over-week, according to the LendingTree Weekly Mortgage Rate Pulse, a snapshot of the lowest and average home loan rates available within the LendingTree network of lenders.

On December 28, average home loan rates offered by LendingTree network lenders were 5.16 percent (5.40% APR) for 30-year fixed mortgages, 4.46 percent (4.83% APR) for 15-year fixed mortgages and 4.07 percent (4.13% APR) for 5/1 adjustable rate mortgages (ARM). Rates for 30- and 15-year fixed mortgages fell slightly week-over-week, while 5/1 ARM rates rose.

On the same day, the lowest mortgage rates offered by lenders on the LendingTree network were 4.625 percent (4.82% APR) for a 30-year fixed mortgage 3.875 percent (4.12% APR) for a 15-year fixed mortgage and 3.125 percent (3.25% APR) for a 5/1 ARM.  

"With the New Year approaching, it's a great time for consumers to tidy up their home finances," said Nicole Hall, LendingTree home loan shopping expert. "Homeowners can find a great deal of savings by dusting off their mortgage documents and insurance policies and evaluating whether they're still getting the best deal. Refinancing and lowering your insurance premiums can leave consumers with more money to tackle other New Year's resolutions, like increasing their 401k contribution."

Below is a state-by-state comparison of mortgage data including a snapshot of the lowest 30-year fixed rates offered by lenders on the LendingTree network, average loan-to-value ratio and percentage of consumers with negative equity.

STATE-BY-STATE MORTGAGE DATA 12/28/10 *Updated Quarterly
STATE	LOWEST MORTGAGE RATE	LOAN-TO-VALUE RATIO*	% WITH NEGATIVE EQUITY*
Alabama	4.63% (4.82% APR)	67%	9.8%
Alaska	4.63% (4.82% APR)	67%	10.6%
Arizona	4.63% (4.82% APR)	94%	50%
Arkansas	4.63% (4.82% APR)	74%	12%
California	4.63% (4.82% APR)	70%	32.8%
Colorado	4.63% (4.82% APR)	72%	19.7%
Connecticut	4.63% (4.82% APR)	58%	12%
Delaware	4.63% (4.82% APR)	68%	13.5%
District of Columbia	4.63% (4.82% APR)	59%	15.5%
Florida	4.63% (4.77% APR)	90%	46.4%
Georgia	4.63% (4.77% APR)	80%	28.1%
Hawaii	4.75% (4.88% APR)	55%	10.7%
Idaho	4.63% (4.82% APR)	73%	23.7%
Illinois	4.75% (4.88% APR)	71%	19.7%
Indiana	4.63% (4.81% APR)	70%	11%
Iowa	4.63% (4.82% APR)	67%	8.8%
Kansas	4.63% (4.82% APR)	70%	10.8%
Kentucky	4.63% (4.82% APR)	67%	8.5%
Louisiana	4.63% (4.82% APR)	N/A	23%
Maine	4.63% (4.82% APR)	N/A	23%
Maryland	4.63% (4.82% APR)	69%	22.2%
Massachusetts	4.75% (4.87% APR)	60%	15%
Michigan	4.63% (4.82% APR)	86%	38%
Minnesota	4.62% (4.82% APR)	65%	16.3%
Mississippi	4.63% (4.82% APR)	N/A	23%
Missouri	4.63% (4.82% APR)	71%	15.5%
Montana	4.63% (4.82% APR)	60%	7.7%
Nebraska	4.63% (4.82% APR)	73%	9.3%
Nevada	4.63% (4.82% APR)	120%	68.1%
New Hampshire	4.63% (4.82% APR)	69%	18.4%
New Jersey	4.63% (4.82% APR)	61%	15.4%
New Mexico	4.63% (4.82% APR)	66%	12.2%
New York	4.63% (4.82% APR)	50%	7.1%
North Carolina	4.63% (4.82% APR)	70%	10.4%
North Dakota	4.63% (4.82% APR)	60%	7.4%
Ohio	4.75% (4.88% APR)	74%	19.7%
Oklahoma	4.63% (4.82% APR)	70%	5.8%
Oregon	4.63% (4.82% APR)	69%	15.7%
Pennsylvania	4.50% (4.59% APR)	62%	7.3%
Rhode Island	4.63% (4.82% APR)	62%	20.3%
South Carolina	4.63% (4.82% APR)	71%	14.3%
South Dakota	4.63% (4.82% APR)	N/A	23%
Tennessee	4.63% (4.82% APR)	71%	13.8%
Texas	4.63% (4.82% APR)	70%	11.3%
Utah	4.63% (4.82% APR)	73%	20.4%
Vermont	4.63% (4.82% APR)	N/A	23%
Virginia	4.63% (4.82% APR)	71%	22.7%
Washington	4.75% (4.89% APR)	66%	15.2%
West Virginia	4.63% (4.82% APR)	N/A	23%
Wisconsin	4.63% (4.82% APR)	67%	13.7%
Wyoming	4.63% (4.82% APR)	N/A	23%

Additional refinance mortgage rates are available at http://www.lendingtree.com/mortgage-loans/rates/.

The LendingTree Weekly Mortgage Rate Pulse will be published every Wednesday. Home loan rates above are reflective of actual rates offered to borrowers by lenders on the LendingTree network. Lowest rates shown reflect the payment of one discount point. Rates will vary based on the borrower's loan details and credit profile. Visit www.lendingtree.com to learn more.

About LendingTree, LLC

LendingTree, LLC is the nation's leading online lender exchange and personal finance resource, helping consumers take charge of all their financial decisions, from budgeting to money management to mortgages to credit cards and more. LendingTree provides a marketplace that connects consumers with multiple lenders that compete for their business, as well as an array of online tools to aid consumers in their financial decisions. Since inception, LendingTree has facilitated more than 28 million loan requests and $214 billion in closed loan transactions. LendingTree provides access to lenders offering mortgages and refinance loans, home equity loans/lines of credit, and more. LendingTree, LLC is a subsidiary of Tree.com, Inc. (Nasdaq: TREE). For more information go to www.lendingtree.com, dial 800-555-TREE , join our Facebook page and/or follow us on Twitter @LendingTree.