Google's mortgage comparison tool is coming soon

Google, in case you haven't noticed is a big Silicon Valley giant and located a not far from my office. They have their fingers in allot pies; search (of course), smart phones (with Android), self driving cars, robots, high altitude balloons delivering free internet, etc. And now Google will be offering a mortgage comparison tool. Google is obviously doing this to make money. So when you use the tool, the mortgage lenders it provides you for the comparison agree to give Google a percentage of the money they make if the consumer goes through with getting the loan. The company already has the mortgage comparison tool available in the UK and currently has a credit card comparison tool for consumers in this country. Anyhow, it will be interesting to see how this affects the mortgage industry at the end of the day.

Google prepares to launch mortgage comparison tool