How To Weigh Your Bank’s Mortgage Offers — and Why You Get So Many

Banks are increasingly using mortgage discounts to attract wealthy clients, but borrowers should carefully evaluate whether the savings outweigh the assets they must move or keep with the bank. CFP Board Ambassador Anna N'Jie-Konte, CFP®, CEO of Poder Wealth Advisors, advised consumers to compare the discounted mortgage rate against other available offers and consider the opportunity cost of tying up their money before committing to a promotional deal.

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