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If you choose a higher interest rate option thinking that you'll be able to pay off your loan ahead of your break even point — be careful. Many mortgage contracts .
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One of the big questions I get — the most exciting REITs are known as. Mortgage REITs, I don't necessarily think they're the best deal right now, but. of your 4% interest rate, and a company, say, getting a short-term loan at,
Matthew Frankel, The Motley Fool The mortgage process can be intimidating, especially to first-time homebuyers, but it doesn’t need to be. As long as you know some of the basics about mortgages before you start the process, and choose a good lender to guide you through the process from the offer to closing, getting a mortgage can be relatively painless.
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There are a lot of numbers to compare — loan terms, interest rates, down. at closing to decide whether paying points is the right move for you.
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