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/