Have You Looked at the Spread Lately Between 30 and 15 Year Fixed Loans?
IT’S HUGE! It’s a good time to look at the 15-year fixed rate mortgages. As compared to 30-year fixed rates, the relative discount for “going 15″ is big. Interest rate spreads between the benchmark borrowing products haven’t been this high since 2004. But there’s more to it than just the rates. The 15-year and 30-year [...]
