Deceptive Mortgage Ads

False mortgage advertising

Mortgage Pitfalls

The rate may be fixed for an introductory period only. When you shop for a mortgage, you need to know when and how your rate, and payments, can change.

If you’re looking for a mortgage to buy a home or refinance an existing loan, you may see or hear ads with offers of low rates or payments. Whether you see them on the Internet, on television or in the paper, or whether they come by fax or mail, some of these ads look like they’re from your mortgage company or a government agency. Regardless of where you see …

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