Search Site
More Borrowers Refinance Into 15 Year Mortgages

In recent months with mortgage rates at historic lows, many more homeowners are considering the possibility of refinancing into a 15 year mortgage as opposed to staying with a 30 year mortgage.  According to the Wall StreetJournal, the current spread between the rate on a 30 year mortgage (3.53%) and a 15 year mortgage (2.83%) is at its greatest in quite some time. Thus, for those considering a refinance of their mortgage it may make more sense to get the added benefit of a lower mortgage rate even though the monthly payment will be higher based on the shorter payoff period. Read article

Share this:

Like this:



Leave a Reply

Your email address will not be published. Required fields are marked *

Client Reviews
  • "My name is Emilio. When I was buying my property, I hired Mr William J Reinhardt Jr as my Real Estate Attorney, it was one of the best decision I ever made because he did everything in his power to make sure my purchase was successful. For example, The utilities bills left over by the person who owned the property before me. I said thank you to Bill for not allow me to pay these costly bills." - 5.0 stars | Posted by Emilio Bien Aime | October 1, 2019

  • "Mr. William Reinhardt Jr. is my lawyer for many years. My family and I bought and sold properties with his help and were very satisfied. I recommend Mr. Reinhardt to anyone. I give him a 5-star review." - 5.0 stars | Posted by Diana | September 19, 2019

  • "My husband and I loved working with William. He was very professional, efficient and went above and beyond to help us. We would HIGHLY recommend." - 5.0 stars | Posted by Leeann | September 13, 2019

Contact us

Quick Contact Form