Housing Information :: Looking for the Best Mortgage

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Date Recommended: October 10, 2006

Looking for the Best Mortgage

Shopping around for a home loan or mortgage will help you to get the best financing deal.

A mortgage—whether it’s a home purchase, a refinancing, or a home equity loan—is a product, just like a car, so the price and terms may be negotiable. You’ll want to compare all the costs involved in obtaining a mortgage. Shopping, comparing, and negotiating may save you thousands of dollars. This booklet gives you many tips on mortgage shopping, and provides a glossary of mortgage terms and a worksheet for comparing loans.

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