Ariana Leroux Mortgage Blog

So How Do You Know Which Option Is The Best For You? NOW AND LATER With what we are all seeing on the news lately and hearing on the radio, how do you know if you are getting into the right mortgage product. Yeah I said product not rate! Everyone is always so focused on the rate that they forget about the product...but they end up learning about the product later when they are wanting to do something to their mortgage OR their life circumstances change. For short sighted fokes this will not make much sense but what people need to start doing is looking at their mortgage investments as 'Long Term', cause they are... think about it. Most people take a 5 year term and it is amortized over a 25 year period (use to be 35 or even 40 year). Now I dont know about you but next week can seem far away at times let alone 5 years or 25 years! What you may find out is that "great rate" your bank offered you, was actually a Marriage Proposal- that will requir...