What Are Mortgages and Why Do They Matter?

When buying a house, most people will put down a down payment and then pay off the remaining balance through a mortgage. However, many may not realize that, over time, they pay more than the home’s actual value due to interest. It’s interesting how few people fully understand mortgages, even though they have one on their property. Join Anita on Real Estate Crunch as we delve deeper into the details of mortgages, helping you understand how they work and why you pay more than the home’s initial price. By the end, you’ll have a clearer picture of the actual cost of homeownership and how to manage your mortgage effectively.

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