Investment
Mortgage Mistakes to Avoid
By Yahia Nour Eddine KenouchePublished on March 17, 2026 6 min read
Most mortgage surprises come from a handful of very common mistakes. Knowing them is usually enough to avoid them.
Looking only at the rate
Contract conditions — penalties, privileges, portability — often weigh more than a small rate difference.
Changing your credit mid-process
New car financing or furniture bought on credit before closing can undo an approval you already had.
Underestimating closing costs
Notary, welcome tax, inspection and adjustments are a real amount to budget on top of the down payment.
Renewing without comparing
The most expensive long-term mistake: a few minutes of comparison are often worth thousands of dollars.
