Choosing the term on your new mortgage is easier than you think.
Updated Oct. 9, 2013
Which mortgage term should I choose?. Many people get very anxious when it comes to choosing the term on their new mortgage, whether it is a home purchase or a refinance. Term is just another way of saying the length of the repayment period on the mortgage, expressed in years. A 30 year fixed mortgage has a 30 year term,...