15-year

Saving $95,000 by Refinancing into a Lower Rate and Shorter Duration Mortgage

5 comments

Many homeowners with good credit are ditching their old 30-year fixed rate mortgages for the 15-year or 20-year versions. This is primarily to leverage historically low rates for these shorter duration loans and benefit from the significant interest savings over the life of the loan. In fact, a friend of mine did exactly this when […]

Read the full article →