Financing 15 year home loans has never been better
Fortunately for people who are stuck under a bad mortgage agreement, there are plenty of re-financing options available to help make monthly payments more manageable and/or save money over the long-term. One of the more popular options as of late is to go the route of a 15 years fixed mortgage rate that can save the homeowner thousands over the remaining course of the loan.
Since interest rates are so low, a 15-year mortgage rate is a practical choice for people who can afford the payments. The low interest rate helps neutralize the seeming increase in monthly payments and in turn, provides a means for homeowners to pay down their mortgage in much less time while simultaneously saving tens of thousands in excess interest payments.
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