In today's challenging economy, buying a home in cash is almost impossible for most people. Even so, the lack of liquid money shouldn't kill your homeownership dreams because a mortgage can help you buy a house you have always desired. A mortgage is simply a loan meant for the purchase of real estate property. Just like any other loan, a mortgage will require you to pay an interest rate. Though the interest might sound like an extra expense, there is something you can do to lower it.
10 February 2021