Why these homeowners say the 15-year mortgage is the most underrated offering in real estate right now - MarketWatch
1. 15-year mortgages are gaining traction amid high inflation and rates. 2. 30-year mortgages remain popular, making up 88% of new loans. 3. Interest rates: 30-year loans at 6.75%, 15-year loans at 5.92%. 4. Homeowners are advised to consider their financial comfort level. 5. Extra payments on 30-year loans can expedite payoff without high monthly costs.