Is A 15 Or 30 Year Mortgage Right For You?

When someone is looking to purchase a house, they need to think about how long they want their mortgage to last. While a bank can structure a mortgage to last for any number of years, the most common lengths are 15 and 30 years. While a 30-year mortgage is typically more affordable, a 15-year mortgage is cheaper overall.

What’s Ahead For Mortgage Rates This Week – January 6th, 2020

Last week’s economic reports included readings from Case-Schiller Home Price Indices and National Association of Realtors(R) data on pending home sales. The Conference Board of the U.S. Senate also released its Consumer Confidence Index. Weekly readings on mortgage rates and first-time jobless claims were also released.

What’s Ahead For Mortgage Rates This Week – December 9th, 2019

Last week’s economic reports included readings on construction spending and multiple labor sector reports including private and public sector jobs and the national unemployment rate. Weekly reports on average mortgage rates and first-time jobless claims were also released.