8: Hidden Expenses: Why the Lowest Interest Rate Isn't Always the Cheapest Titelbild

8: Hidden Expenses: Why the Lowest Interest Rate Isn't Always the Cheapest

8: Hidden Expenses: Why the Lowest Interest Rate Isn't Always the Cheapest

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In this episode, we explore the common misconception that the lowest interest rate equals the lowest cost mortgage. We uncover the impact of factors like the bona fide sales clause, lack of portability, and limited prepayment privileges, revealing how these can outweigh the initial savings of a discounted rate. Discover why it's crucial to look beyond the interest rate and consider the overall cost when choosing a mortgage.


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