05/30/2026
Spring can be a great time to buy a home, but beware of mortgage traps that could cost you! With rates rising to about 6.4%, options like no-closing-cost loans and discount points may seem tempting but could lead to higher overall costs.
Always compare offers and ask lenders for the total loan costs. If you have questions or need help navigating your mortgage options, feel free to reach out—I’m here to assist!
These traps can make a mortgage loan look enticing, but it's important to take a closer look before making any move.