Know Before You Go...To Get A Mortgage
Federal Reserve Bank of Boston
Download Document| Date Published | |
| Version | |
| Primary Author | Carol S. Lewis |
| Other Authors | |
| Theme | Housing Finance Policy |
| Country |
Abstract
The purpose of this guide is to provide general mortgage information to consumers and to shed some light on the risks associated with today’s more complex mortgage offerings. It is by no means meant to counsel consumers to avoid certain products, but rather to alert them to potential risks, and encourage them to make informed decisions and to be aware that certain products may be appropriate for some borrowers but not for others.