Posted 11/20/2012 23:39 (#2708580 - in reply to #2708512) Subject: RE: Lock interest for 15 or 30 years ??
s nd
Wouldn't he better off with the thirty, as it is his first purchase and probably won't see this low of rate in the next purchases? Keeps his powder dry in case he ends up with a higher rate on a purchase and he can shorten that one up. No prepayment penalty would be nice if he can get it.