You have undoubtedly heard a plethora of advice when you mentioned you were considering buying a home. Everyone probably had an opinion, they always do. Some very well intended people probably gave you the worst advice you could possibly have received but you would have know way of knowing that. Let us dispel some of the most common myths about home buying and loan selection. First and foremost the myth that the only type of mortgage to ever consider is a 30 year fixed rate mortgage. Perhaps w.