15- versus 30-year FRM for building equity
The gateway to homeownership for most is a mortgage. Fixed rate mortgage (FRMs) are the smartest option for all but the most savvy investors. This leaves just one question: which is better, a 15-year or 30-year term? A 15-year FRM can be a good option, because: it builds equity quickly; and the borrower pays less … Continue reading 15- versus 30-year FRM for building equity
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