Preparing to look for a mortgage can be stressful, specifically if you don't understand where to start. You can get a excellent start simply from reading these 5 great mortgage tips for very first time house buyers.

1. Pay down your financial obligation.

Specifically, your credit card financial obligation. Why? Credit card debt is costly. The typical rate of interest for credit cards currently is 13.8%-- that's double the 5.33% average for a 30-year fixed rate mortgage. Charge…