You found a house, and you made an offer. The offer is accepted, and you're excited! You agree on a purchase price of $300,000, and you're able to put 3% down. That means you need a mortgage for $291,000. Now you're ready to apply for a mortgage.
Have many of you will look for the mortgage with the lowest rate and lowest fees? (I bet YOUR hand went up!) Have you ever thought that maybe - just maybe - you can get a higher rate mortgage and pay LESS per month?
Have many of you will look for the mortgage with the lowest rate and lowest fees? (I bet YOUR hand went up!) Have you ever thought that maybe - just maybe - you can get a higher rate mortgage and pay LESS per month?
