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15 YEAR FIXED
RATE MORTGAGE |
The 15 year fixed rate
mortgage is a great program for those with higher than average
disposable income and/or buyers with larger down payments.
It allows you to not only pay off your mortgage in half the
time, but allows you to build equity faster by paying down
your mortgage balance. You can also typically save tens of
thousands in interest payments over the life of your loan.
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| Fifteen year fixed rate loans can also carry
better than average rates when compared to a comparable 30 year
fixed. |
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Paying your mortgage off
in half the time, using a 15 year fixed rate mortgage, has
enabled borrowers to retire early, capitalize on faster
building equity reserves as the need presents itself, and
even move on to investment properties with interest saved
and equity earned.
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If you are interested in
seeing other fixed rate options please see below:
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