Lowest Rate? The Truth Behind the Lowest Rate Fantasy

A low rate is only as good as the lender offering it. Look for a lender or mortgage broker with a strong reputation, excellent communication, and a proven ability to close deals. Remember, the real value lies in the total cost of the loan and the ability to get the job done on time.

When it comes to the battle between 15 year vs 30 year mortgage, the question boils down to one thing: do you want to pay off your mortgage faster with higher monthly payments, or stretch it out over a longer period with smaller monthly payments? There are definite perks to each option, and the choice you make can impact not just your finances but also your lifestyle. So, here’s a quick breakdown to help you decide which one best suits you!