Bad mortgage advice that could cost you

bad advice

Bad Mortgage Advice

If you are considering buying a new home or refinancing your current mortgage, you may have gotten lots of advice from friends, family, mortgage lenders and the internet about how to find the best mortgage. However, not all mortgage advice is good advice. There are some mortgage myths and rumors floating around that could potentially cost you thousands of dollars if you listen to bad advice.  For example, some people will tell you that a fixed mortgage is the best mortgage; however, there are some cases were an adjustable rate mortgage might be better.

Read more about bad mortgage advice in “The worst mortgage advice you could get.”

Image credit:  Thompson Photography