Experts Urge People to Switch to 15-Year Fixed, and Here's Why
Combine a shorter term with one of today's low refi rates and you get a double dose of savings.
Why do popular finance experts like Clark Howard and Suze Orman urge people to switch to a 15-year fixed home loan? They understand how a shorter term and a lower interest rate combine to bring a double-whammy of savings much bigger than what most laypeople expect.
The dazzling drop in mortgage interest rates last year signaled a peak time for many...
