Real Estate 411: 15-year mortgage rate Vs. 30-year mortgage rate

Which do you prefer 30 or 15 year note? With interest rates being so low you may want to consider a 15 year mortgage. 

A 30-year mortgage financing loan has always been the most popular for consumers purchasing a house, but another loan is starting to increase its popularity.  The 15-year mortgage loan, as a result of the record-low interest rates that are available nationwide, are increasing in popularity amongst buyers.”

For complete article:  http://www.car.org/marketdata/realestate411/re411Feb122013/