Philadelphia Weekly

REAL ESTATE

Don't restart the 30-year clock on a refi

Rates on 10- and 15-year mortgages now in the 2s

By Inman News Feed

Add Comment | Comments: 0 | Posted Jul. 5, 2012

"We could have done it with a higher payment and longer term," the father said. "But now it will be paid off when the kids are still relatively young. While we didn't really want to get a mortgage, having a loan in the twos doesn't feel so bad."

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