Even though this may sound like a fancy word, amortization is simply a long word for a straightforward topic. Furthermore, it plays a significant role in the determination of monthly mortgage payments.
The success of your real estate ventures depend on your ability to navigate the financial world. Learn these terms to make it easier to understand what's going on with your real estate investments.
Which suits you best? The 15-year fixed rate mortgage or the 30-year one? These tips may help you decide.
If you've ever explored the idea of using a 15-year fixed rate mortgage for your home, the math is in your favor today. Talk to your loan officer before rates start rising.