Financial Q&A: Figure out your life before deciding on a mortgage - 2004-01-02
Q: I feel a little overwhelmed at the great number of mortgage programs out there - variable, one-step, two-step, fixed, 30-year, 15-year, etc., etc
A: You are right: Choosing a mortgage product can be overwhelming. Before you even start looking at the various options, however, you need to look at yourself and assess your own situation.
First of all, where are you as a homebuyer? Is this your first home? Your ultimate dream home? Where are you in your career?
Read the full story at Daily News Transcript