Tag: comparing mortgage terms

23
Mar

Should you take a 5 yr or 10 yr term mortgage?

There are not a lot of times when 10 year term mortgages are in the discussion, but in today’s low rate environment, this is one of those times. Here are 2 scenerio’s which might help in your decision making. In today’s market a 5 year fixed mortgage is priced at 2.99% (at some lenders) whereas a 10 year is priced

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