…east, so you can avoid mortgage insurance (which usually cost about 0.5% to 1% of the entire loan). Always go with a 15-year fixed rate mortgage because the amount you will save in interest is astronomical. You could always get really crazy and…
Great article. My only nit-pick would be suggesting Always going with a 15-year mortgage. That will tie up more cash flow that could be invested into assets that generate a much greater return than the interest on the mortgage. Although rates are (Slowly) rising, they are still quite low historically speaking.
Thanks for sharing the article.