Choosing the best type of mortgage
Most house purchasers look at many houses before they make a decision, weighing multiple features of one against the other. In contrast, the decision about which of numerous mortgage options to select often is made hastily with little thought. Yet borrowers have to live with their mortgage indefinitely, often for as long as they have the house. In one respect, the problem is a little simpler in 2018 than it was before the financial crisis because the riskiest options and loan types are no longer available.
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