Almost half of all mortgage borrowers could be missing an opportunity to save big when they buy a home because they don’t shop around for a mortgage—they “are seriously considering only a single lender,” according to a recent press release from the Consumer Financial Protection Bureau. The CFPB released these results from a report along with an online, interactive toolkit called “Owning a Home,” which CFPB Director Richard Cordray said is designed to help consumers “see how shopping for a mortgage can translate into big dollars saved in the long run.” The report, based on “a voluntary survey jointly conducted by the CFPB and the Federal Housing Finance Agency,” additionally found that three out of four consumers apply with only one lender or broker. Borrowers who are more likely to shop around are those who are informed about available mortgage rates and those who “prioritize the terms of the loan over the characteristics of the lender.” The Owning a Home toolkit includes a Rate Checker tool that will allow consumers to “understand what interest rates may be available to them,” provide a “[c]learer understanding of how much money is saved with lower rates,” and also let them explore the “effects of different down payments and credit scores.” For more, read the full release, which includes links to the toolkit and Rate Checker tool.