Many financial advisors, like Dave Ramsey, recommend getting a 15 year fixed rate mortgage when you buy a home or refinance. There are several benefits to paying your mortgage off sooner compared to keeping it around 30 years, however, there are also associated risks that should be considered. As you would guess, shorter term mortgages… Read more »
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Tag: 15 year fixed rate
Record Low Fixed Rates
Homebuyers have enough to stress over with everything that comes along with home hunting. Selecting a realtor, inspections, bidding and everything else that comes into play means even more to put onto your plate. Luckily, there is some good news for those of you looking to buy a home. Specifically if you select a 30-year… Read more »
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