Five Signs a 30-Year Fixed-Rate Mortgage Is Not for You
Regan Hagestad
July 10, 2017
Why is the 30-year fixed-rate mortgage the go-to mortgage for most people? Affordability and predictability. Payments are made during a longer period of time (as opposed to a 15-year fixed-rate mortgage), so your monthly bill will be lower. Plus, the principal and interest you need to pay each month are fixed, which means you’ll never be surprised when you open your bill. But for prospective home buyers
