WAW082: How to Pick the Right Home Loan
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Home purchase is likely the biggest purchase you’ll ever have to make. But how do you know what home loan product is right for you? You hear terms like “fixed rate” and “ARM”, but what does that all mean? Does one have an advantage over the other? Are there home loans that you should avoid? If you’re thinking of buying a home or in the process of buying one, you don’t want to miss this episode.
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References:
1. Check out our previous episodes related to home buying:
- WAW003: Hot Home Buying Tips
- WAW067: Can I Afford It House Edition
2. Some great references about the home market in the United States:
- https://www.car.org/Global/Infographics/Q1-2022-HAI
- https://www.freddiemac.com/pmms/pmms30
- https://www.bankrate.com/mortgages/types-of-mortgages
- https://www.investopedia.com/mortgage/mortgage-rates/fixed-versus-adjustable-rate/