"Consumer Opinions About Homebuying"

A survey commissioned by loanDepot indicates trends of recent homebuyers––the strengths of their “pre-work” and their questions about mortgages and fees. ​

When asked what words best describe the home-buying process, the top selections were “time consuming" (25.4%) and "challenging" (24.1%).
But a helpful change in the process has been that many more people are understanding how important it is to get financing first. *This is something that tops our list of early suggestions in the process when OHT gives advice. This is a welcome change!

Of the homebuyers surveyed, 73.5% said they sought out home financing options first. Among first-time homebuyers, that number rose to 85.1%. This means people seeking homes are willing to do the necessary groundwork that gets the process started and can put them ahead of other potential buyers. 

"Homebuyers have learned that getting their financing in order upfront helps prepare them to shop for a home with confidence and puts them in a more advantageous, competitive position, especially in tight markets. With the lack of inventory we've seen in recent years, it's especially important to be armed with a pre-approval when that perfect home appears."
What seems to remain a stressor in the process is understanding fees (34.1%) and finding the right loan (30.9%). These were among the top pain points. Our takeaway?! —> Communication is key. We all need to be in touch, available, up front and clear about the process. (And, we’re dedicated to this!)
OHT has observed that the whole real estate industry is more integrated than it used to be, and in many ways it’s easier and easier for clients, agents & lenders to be in touch with one another throughout the process.

But you need to trust involved parties. And because this survey points to the confusing nature of mortgage fees…

here’s a further special recommendation from Pat O:
It’s not easy getting a loan AND it’s not easy understanding mortgage fees. Getting a loan happens in a world of sales; and all sales are filled with smoke and mirrors. Bank Lenders, Mortgage Brokers, online services like “Rocket Mortgage,”—>they are all selling money. In these scenarios, some salesmen go out of their way to confuse you while others can be honest and take time to explain. 
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Bottomline: Choose wisely. Ask questions. Look at the total picture. The lowest looking interest rate may not be the best way to pick your lender. Are there hidden costs? Some lenders tell you they have a low rate, but they are charging you points. (smoke and mirrors)
So, I suggest you find a lender you can talk to, one that will explain each fee to you, and one that you feel will treat you right. Go with them, like following a wise guide. And this usually rules out the online lenders. Though seemingly easy, they require the same information as any other lender, and you may be sacrificing the personal availability and consistency you can gain with a local agent/broker.