In the US, a 30-year fixed rate mortgage is standard. However, a 15-year fixed rate mortgage may be a smart way to save on interest. To help you figure out which type may be right for you, we’ve compiled a short list of pros and cons.
Situations vary by individual, so it’s important to talk to an expert when deciding which loan is right for you. Contact us today to talk with one of our trusted Loan Advisors!