Why You Should Consider a 15-Year Fixed Mortgage Now

Why You Should Consider a 15-Year Fixed Mortgage Now

If you have a 30-year fixed mortgage with a rate of 4.5% or higher, there’s great news. Right now, a 15-year fixed is about 1% below the 30-year fixed rate. That means you could save thousands of dollars of interest over the life of your loan by refinancing to a 15-year fixed. If you’re interested in seeing if you could save money, enjoy a low interest rate, or pay off your loan faster, you owe yourself a chance to get a Quicken Loans Mortgage Review today!

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As Boomers Downsize, Will They Create the Next Major Housing Crisis?

As Boomers Downsize, Will They Create the Next Major Housing Crisis?

Baby boomers are getting ready to downsize, simplify their lives and trade off mowing the lawn for other activities. The tsunami effect happens when all these people try to sell those big, expensive properties, and there are not enough buyers. The majority of the younger folks—the ones who need and want these large homes—can’t afford them. Will this downsizing hurt the real estate market? Read on to find out.

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