Evaluating different mortgage products can be confusing. Compare the following.

The best way to evaluate different mortgages is to compare them in writing. Look at all the costs, including loan and origination fees and discount and origination points.

It's important to shop around to find the mortgage and mortgage rate that's right for you. Contact lenders at banks and credit unions as well as mortgage brokers to find the best rate for you.

Interest rates are one of the single biggest factors when choosing a mortgage. Generally, the lower the interest rate is, the better the mortgage is, but it really depends on the type of mortgage you choose and such factors as the loan to value ratio, and the fees and points charged by the lender.

When you're looking for a mortgage, you need to decide which loan term you want and choose the type of interest rate.

When you buy a home, there are several up-front costs you should be aware of, particularly down payments and closing costs.