Understanding 30-Year vs. 15-Year Mortgages – Mortgage Advice
30-Year vs. 15-Year Mortgage: An Overview A bewildering variety of mortgages may be available, but for most homebuyers, in practice, there is only one. The 30-year fixed-rate mortgage is practically an American archetype, the apple pie of financial instruments. It is the path that generations of Americans have taken to first-time homeownership. According to Freddie Mac ...Read More