Tag Archives: low rates

Many people take out a mortgage for a specific period of time, such as 5, 10, or 20 years. Lillie decided to take out a mortgage for 30 years. This will allow her to pay off her mortgage quickly and save a lot of money in the long run. Lillie took out a mortgage for her home in order to pay for the purchase price of the property. The mortgage was for 30 years, meaning that she would make monthly payments for 360 months. Recommended: What is a jumbo reverse […]