30 Year Mortgage

The real estate market in and around Seattle, Washington has gotten more expensive over the past few years. As a result, many home buyers in Seattle look for ways to minimize their monthly housing costs. One way to reduce your monthly mortgage payments is to spread them out over a longer period of time. The popular 30-year fixed-rate mortgage allows you to do exactly that. A lot of Seattle-area home buyers use the 30-year loan option to reduce their monthly payments, thereby making homeownership more affordable.'

A 30-year fixed rate mortgage is the most popular way that new homeowners in Oregon finance their purchase. While the overall cost of the loan may exceed those of shorter terms, the lower monthly payment benefits cash-flow for home buyers and those starting out.'