15‑year fixed mortgage

Mortgage rates hit ‘their lowest level in the last 3 spring homebuying seasons.’ 5 pros on where rates go next: Stop Losing M

Stop Losing Money to Low Mortgage Rates

Locking in a 15-year fixed at today’s historic low can lock in a 6.5% rate, potentially saving thousands in interest, though the higher monthly payment may strain cash flow. The decision hinges on how long you plan to stay in the home and whether rates climb again. Financial