Very few know the true cost of a mortgage
20 June, 2013
A new report out today by consumer champion Which shows that 99.5% of people do not know the true and total cost of a mortgage.
In a survey of 1,001 homeowners and homebuyers, only 0.5% ranked five mortgage deals in the correct order, from best to worst.
And only a quarter could actually find the most expensive and cheapest, despite half of those quizzed claiming they found the test “easy”.
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