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Mortgage 0 minute read

The 15-year mortgage gains in popularity

January 28, 2013, 3:12pm by HousingWire Staff
News > Mortgage

Record-low rates are helping transform the 15-year mortgage from a rarely used instrument into a popular option, especially for homeowners refinancing their loans. In November, 23% of refinance applications were for 15-year loans, according to theMortgage Bankers Association. That’s up 51% from a year earlier.

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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio

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