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Home Loan Learning Center

Mortgage Tips

Why is a 15-Year Fixed-Rate Mortgage Better Than  30-Year?

If you've ever considered a 15-year loan term, it's a terrific time to talk to your lender. According to Freddie Mac's weekly mortgage rate survey, the 15-year fixed rate mortgage is at its lowest point in history.
Mortgage Tips

What is an Advantage of an Adjustable Rate Mortgage? ARM

For the first time in a year, homeowners with adjusting mortgages are facing rising mortgage rates.