Friday, June 22, 2007

More On "No-Cost" Mortgage Loans

For those thinking about getting a "no-cost" mortgage loan, you may first want to read this perspective and then decide for yourself if the mortgage loan really doesn't cost you anything. See The Real Truth About “No Closing Cost” Loans.

See also, Are "No-Cost" Mortgages Actually "Cost Free"? What's a "Yield Spread Premium"?