Joe Biondolillo shares when it comes to mortgages, most people make financial decisions that are ultimately based on what they’ve heard. A lot of people approach mortgages with the sales hype and the psychological perspective of paying for your home over a long period of time. Oftentimes, people make a decision on mortgages based on their emotion.

Learn more about myth number 3 A 15 Year Mortgage Costs Less Than a 30 Year Mortgage in this podcast: