A Guide to Mortgage Shopping

With all the news about mortgage lenders struggling and borrowers defaulting, it seems like a good time to review some principles about shopping for a mortgage. If you're looking at an adjustable rate loan that is about to go up or if you've got a "creative mortgage," it may be time to switch to a more basic loan. The world of mortgages is baffling, but here's what matters: who provides your loan, what loan you get and how you manage that loan later. First of all, know the difference between a...Full Story