3 Mortgage Myths Holding Back Aspiring Homeowners

Here are the most common myths revealed in a survey, and how they stack up to reality.

Many Americans believe the dream of homeownership is out of reach. JazK2/Shutterstock

By Jeff Ostrowski Bankrate.com

Many Americans believe the dream of homeownership is out of reach, but a Bankrate survey revealed that at least some of those frustrations may be due to misconceptions that make homeownership seem harder than it really is.