Advantages to Choosing 30 Year Fixed Rate Mortgage Loans
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If you do the math, you will see that a 15 year mortgage is much better.
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I agree - a 15-year mortgage is much less expensive over the term of the loan. But if you don't have the cash on hand to commit to a 15-year loan term, the 30-year is plenty cheap at the moment. Thanks for your comment. Ilyce
ExpertRealEstateTips 2 years ago