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Confused by all the Mortgage Options? Here's Help (Harrisburg Daily Register)  (ARA) - Fixed rate. Adjustable rate. Interest Only. Flex. All of the different types of home loans that are available these days can puzzle many homebuyers. But, say mortgage experts,


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June 13th, 2007

Mortgage disclosures confusing for many consumers: study (Market Watch)

CHICAGO (MarketWatch)—Current mortgage disclosures fail to convey many of the loan’s details to the consumer, according to a study released Wednesday by the Federal Trade Commission’s Bureau of Economics. But with some revisions, borrowers could get a better understanding of what they’re getting into when they commit to a mortgage, the study concluded.

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