Tag: 15 year mortgage

The Secret for the Most Flexible 15 Year Mortgage

secret to 15 year loan benefits without the risk

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 »

How can I lower my monthly mortgage payments?

So, you’ve had a home for awhile, but you feel like your budget is just too tight. You scrimp and save, but it’s never enough. If the biggest expense you have is your mortgage, maybe it’s time to refinance your mortgage. Refinance to a lower rate Rates are very low. Right now, for a 30-year… Read more »

15 vs. 30-Year Loan: Which is right for me?

What’s the deal with 15 and 30-year mortgage loan rates? If you’ve ever shopped around for a new mortgage, you’ve seen lenders advertising rates for both. There are pros and cons to both, depending on what you want to do with the mortgage. But there’s also the unknown fact that “15 to 30” aren’t the… Read more »

Waiting to Buy a Home in West Michigan?

5 reasons why not to wait to buy a home

5 Reasons Why You Shouldn’t Wait to Buy Timing can mean the difference between getting a home at a good value or missing out completely. Right now, the West Michigan housing market is red hot. If you are thinking about buying a house in West Michigan, here are five reasons you shouldn’t wait much longer: 1)… Read more »

Brexit gives mortgage seekers the gift of low mortgage rates!

Mortgage rates have dropped yet again in the wake of the Brexit (Britain voting to leave the European Union).  The world markets have been very volatile since the news broke early Friday morning. Financial instability brings lower mortgage rates. Now is the best time to buy a home or refinance your mortgage to a lower… Read more »

Five Easy Ways to Pay Off your Mortgage Faster

If you are a person that plans for the future then you most likely have given thought about paying down your mortgage. For many families, your mortgage is the largest debt you have above car loans, student loans, credit cards and personal loans.  You should put an equal amount of focus on paying off this… Read more »