Mortgages
Here are some things to consider doing. Some items may not be applicable to you.
Before deciding what type of mortgage:
- Investigate and consider:
- Pledged-asset mortgage you pledge a liquid asset (e.g., certificate of deposit) instead of making a down payment
If you don’t think you’ll be keeping the mortgage for more than approx. 10 years:
- Consider an adjustable rate mortgage
EXPLORE: Money
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