Deciding on a Mortgage? Be Ready to Make This Tradeoff

Deciding on a Mortgage? Be Ready to Make This Tradeoff
·3 min read

When you buy a home, you most likely have to research your options for mortgage loans and pick one that makes sense for you. Mortgages come in different term lengths. A 15-year mortgage generally has a lower interest rate compared with a 30-year mortgage because this kind of loan is less risky for the bank.