When considering a refinance on your current mortgage, there are several things you need to ponder and decide to make the best financial decision for your situation. If you are closer to retirement though, you may need to consider whether a 15 year or 30 year mortgage loan is better for you when you refinance. The Washington Post answered many questions borrowers have in with loan terms in their article “A 15-year or 30-year mortgage: What’s the better loan term as you round into your retirement years?” Check out what they have to say, and then call one of our trusted, knowledgeable, and licensed Mortgage Loan Officers at 920-328-0049 to get started!
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