With the Fed poised to raise interest rates on Wednesday, a recent survey commissioned by Charles Schwab bank revealed that more than 70 percent of respondents agree the American dream of home ownership is getting too costly, and 75 percent of homeowners believe rising interest rates will make it more difficult to obtain home financing.  Richard Musci of Charles Schwab bank, has some suggestions:

�First, a mortgage should fit within your long-term goals, children, college, retirement, and your mortgage provider should understand your entire financial picture. Second, steer clear of products that seem to be too good to be true.  Expect your provider to present you with at least three to four options, and do your research. Finally, the lowest interest rate or monthly payment isn�t always the best deal. Make sure you understand all the fees and closing costs and ask your lender to explain in detail what could happen if interest rates rise significantly.�

For more mortgage tips, visit schwabbankmortgage-dot-com.  This is Kathryn Mathews reporting.

Suggested anchor close: There�s still time to find the right mortgage if you do your homework.  Charles Schwab bank, N.A., member FDIC, equal housing lender.