Sunday, June 12, 2011

All About The 15-year Fixed Mortgage

All about the 15-year Fixed Mortgage
When buying a home, you need to decide between a 15-year fixed mortgage and a 30-year fixed mortgage. "Fixed" means that the interest rate stays the same throughout the life of the loan. In the case of a 15-year fixed mortgage, many choose this option because it enables them to have the loan paid off as soon as possible. There are many advantages to paying off as soon as you can, one of which is the fact that you will save money.

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15-year Fixed Mortgage

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