Navigating the world of mortgages can be incredibly confusing for a novice homebuyer. With an ever-changing array of regulations to keep up with, it’s not surprising that you may feel overwhelmed when considering whether or not to take out a mortgage loan. But don’t worry – understanding mortgage regulations doesn’t have to be hard! In this post, we’ll go over the basics of the different types of mortgages and what guidelines are in place to protect borrowers from predatory lenders. We’ll also examine how recent changes in regulations have made home ownership more accessible and affordable than ever before. Whether you’re considering purchasing a new property or refinancing an existing one, See this article about brokers to help demystify the process and give you confidence that your decisions are sound ones.