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Should You Switch from a 30-Year to a 15-Year Mortgage?

April 17, 2018

Mortgage rates are down for the fourth week running, putting interest rates at lows not seen since May. The going rate on a 15-year mortgage is hovering well below 4%. So should you consider refinancing from a 30-year mortgage to a 15-year mortgage? Here are some questions to consider before you make a decision. How […]

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Rising Rates, and What They Mean for Your Future Mortgage Payment

August 26, 2014

The Federal Open Market Committee (FOMC) expects to end QE3 in October. Minutes from their June and July meetings reveal positive economic indicators, leading them to wind down their third “Qualitative Easing” program if recovery stays on target. Currently 30-year mortgage rates are close to 14-months low. If QE3 is halted, Fed officials believe rates […]

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