Mortgages are Complex
When you begin to think about purchasing a home, one of the first things you need to do is start thinking about a loan — i.e. ‘the mortgage.’ And the more you research, the more questions you uncover.
How much do I qualify for?
How does the interest rate affect the payment?
Does a 15 Year 5/1 ARM or a 30 Year Fixed makes more sense?
They are all really good questions.
At the end of the day, the best way to learn about the right mortgage for you is to enlist the help of a professional mortgage originator. But if you want to do some research on your own, here is a way to do so.
If you need a better idea of mortgage rates, [ click here ]