Introductory Offer Vs. Lifetime Low

Introductory Offer Vs. Lifetime Low: "What is an introductory offer?
When you take out a mortgage or move your mortgage, your proposed lender may offer you an introductory home mortgage rate. Introductory offers are normally in the form of a reduced interest rate; the most common form is a set percentage below the standard interest rate. By doing this, the lender knows that you will consider their offer much more seriously and the short-term gain could well outweigh any other costs. The fact is that your home mortgage rate is going to be one of the most important things in your financial world for a great many years and you should seriously consider exactly what you are getting yourself into and whether it offers exactly what you need it to."
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