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Author Topic: Are pre-approved mortgages a good thing?
geo11
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Posts: 2
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Post Are pre-approved mortgages a good thing?
on: February 7, 2017, 01:21

I was looking in the Internet to find how to get the best interest rate wihjle taking a mortgage. I found this article, http://www.northwoodmortgage.com/pre-approved-mortgage/everything-you-need-to-know-about-mortgage-pre-approval/ which says pre-approved mortgages may not provide the best. I am confused, because I actually thought getting a pre-approved mortgage is a really good thing. Can someone clarify this? Is it because of the fact that we are getting the mortgage pre-approved, the interest rate is higher?

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