The Pros and Cons of a 15-Year Mortgage
Regan Hagestad
July 31, 2017
If you buy a house, a mortgage lender typically will ask if you’d like a 15-year mortgage rather than the standard and conventional 30-year loan. If you’re considering a 15-year loan, here are some pros and cons to consider. Pro: Your mortgage is paid off sooner, freeing up your cash. That’s an obvious pro, of course, and it’s why many people do
