While homebuying is a very intensive process, it's important that you have your facts straight. What you may be inaccurately assuming could be what’s keeping you from your dream home.

An article from GOBankingRates outlines seven common myths about homebuying.

Here’s a sneak peak at one of them.

Fixed-rate loans are best:

This myth is based on the belief that mortgage payments on an adjustable rate mortgage can skyrocket along with interest rates. But what’s more important to consider is the length of time you intend to stay in the house.

Katie Miller, vice president of mortgage lending at Navy Federal Credit Union, said a 30-year fixed-rate mortgage works well for those who intend to remain in the home for about that long.

“If you are planning on staying in the home for anywhere from four to seven years, consider a shorter-term fixed rate or even an adjustable rate mortgage,” she said.

Be sure to check out the article for the full list of myths.  

For other first-time homebuyer articles, check out “3 reasons fall is a great time to buy a home” and “5 common down payment misconceptions.”