Housing ‘Extras’ Add Up

Banker & Tradesman, Aug. 6, 2023–Lew Sichelman
Homebuyers who focus solely on the cost of their mortgage’s interest and principal are doing themselves a disservice. There are other recurring costs that should be factored into the decision. Some people call them “hidden” costs, others say they’re “ignored” and still others said they’re simply “forgotten.” But whatever name you choose, they’re real and they are mounting.