Despite their popularity among homebuyers, 30-year mortgages come with a few key drawbacks. For one thing, homeowners with 30-year mortgages typically take longer to pay off their homes and pay much more in interest.
Despite their popularity among homebuyers, 30-year mortgages come with a few key drawbacks. For one thing, homeowners with 30-year mortgages typically take longer to pay off their homes and pay much more in interest.