11 Mistakes People Make When It Comes To Mortgages

Mortgages are a given if you want to own your own house, and stop paying rent to live in someone else’s. But they are something that most people tend to make mistakes on, which can easily end up costing them upwards of $100,000 to $150,000 in overpay alone!

Although taking out a mortgage has it’s ups and downs, if you know how to properly plan and deal with it, you can get the best out of it. It’s one of the biggest life decisions you’ll probably ever make, so you should be careful and informed about every move.

Here are some of the most common mistakes people tend to make when they take out mortgages, and how you can avoid them: