3 Mortgage Facts That May Surprise You

By Nathan HamiltonMarketsFool.com

The first mention of "mortgage" can be traced back to the 14th century, when it was written in a poem to describe marriage, not a home loan. This use is logical. The original meaning of "mortgage" is "dead pledge," which highlights why couples are together "Till death do us part."

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In the video below, Motley Fool analysts Kristine Harjes and Nathan Hamilton talk about three other mortgage facts you may not have known -- but these facts might save you some money and trouble as you shop around for a mortgage.

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Kristine Harjes: A home is often the biggest purchase that a person makes in his or her entire life, and so when you're considering getting a home and getting a mortgage with it, it's very, very important that you have all of the facts at your disposal. At The Motley Fool, we decided to try to help and do some of that research for you, and in doing this, we came across a handful of very surprising facts, and today, we want to highlight three of them.

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