As you journey into homeownership you may be curious about a 15-year fixed mortgage as it’s one of the more common fixed rates seen on the real estate market.
Before signing any mortgage loan contracts, consider some of the key aspects connected with a 15-year mortgage loan.
At a standard rate, 15-year mortgage loans are popular due to their lower interest amounts in comparison to longer loan terms. This means higher monthly payments, with less money going towards interest over the lifespan of the loan, saving homeowners thousands of dollars.
If you decide to go with this loan option, the interest rate is fixed meaning your monthly payments won’t be subject to change from start to finish of the loan term which offers stability.
As the real estate market ebbs and flows because of economic factors, the average interest rate has changed a great deal over the years. This is why it’s vital to shop around with different lenders to determine the best loan option for you.
You can find a comprehensive list of the best mortgage lenders and their average interest rates online which can aid in narrowing down your mortgage loan option.
Also consider reading reviews to determine if they communicate well with their customers and if they offer great support.
Purchasing a home requires a hefty financial commitment, so it’s good to keep your mortgage options open. If you’re interested in a 15-year mortgage loan, consider speaking with a local lender in person to get an idea of loan conditions and what you’ll need to do to qualify.
With over 25 years of extensive real estate experience throughout the Boston and Metro West areas. Combine this with my ability to work smart and to not stop working until your needs are met and you get a broker that will help you make the right decisions when it comes to buying or selling your home.
Let my success work for you. I have been trusted to represent developers, builders, attorneys, financial planners, and many other professionals, selling condominiums, townhomes, new construction, investment, commercial properties, and of course single-family homes. I know your neighborhood.
I’m a problem solver and an excellent negotiator. Problems often arise that can stop a sale. I’ve solved many problems over the years and when I don’t have the answer I find an expert who does.
I offer first-class marketing I guarantee will work for you. I can tell you what you need to do to get your home sold quickly and for the best possible price.
If you are looking for a professional you can trust to help find your dream home or sell your current home, contact me today. If you are not completely satisfied with my service you can cancel any time. I am always available by phone or email, so please reach out to me anytime!
I am committed to getting you, the results you deserve.
