Chances are, taking out a mortgage will be one of the biggest financial commitments you will ever make. So you’ll definitely want to do it the right way.
If not chosen with care, mortgages, which are complex and often expensive, can negatively impact your financial standing in a huge way due to default or home foreclosure. We saw that happen far too many times during the U.S. mortgage meltdown of the past several years.
So what is the key to choosing a mortgage? There are a few steps you should take before settling on a plan.
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