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06Oct2009
Author
Dan Green
Filed Under
Mortgage Strategy
Have You Compared The 15-Year Fixed Rate Mortgage To The 30-Year Fixed Rate Mortgage Lately? Thumbnail

Have You Compared The 15-Year Fixed Rate Mortgage To The 30-Year Fixed Rate Mortgage Lately?

Shopping for a mortgage rate and a mortgage product at the same time is like multi-variate calculus. Except harder. Consider the 15-year fixed rate mortgage as compared to its 30-year cousin. At the beginning of the year, the interest rate differential was negligible. Now, it's pronounced.

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