Google's venture into the mortgage business promotes the idea of a 'Google Bank'
Google Compare is a web service in which the user enters their ZIP code, the price willing to pay, how much the initial would be in and for how many years you the user wants to be tied to the mortgage. The service is free to the user, but not for the 75 entities that are registered. These will pay Google whenever the user selects the recommended rate. This new tool along with the fee calculator launched in February shows the technology giant’s interest in banking. Google Bank is becoming increasingly possible.
Google reasserts its venture into the financial market after launching a free tool to compare 300 mortgages between 75 US financial institutions. At the moment it is only available in California.
Google Compare is a web service in which the user enters their ZIP code, the price willing to pay, how much the initial would be in and for how many years you the user wants to be tied to the mortgage. The service is free to the user, but not for the 75 entities that are registered. These will pay Google whenever the user selects the recommended rate. This new tool along with the fee calculator launched in February shows the technology giant’s interest in banking. Google Bank is becoming increasingly possible.
