Is there a ten year refinance mortgage out there?

Aug 09, 2010
Tim Manni HSH.com

Almost any lender that offers a fixed-rate mortgage will offer a 10-year mortgage. Mortgage rates for a 10-year mortgage usually aren't any better than the rates offered for a 15-year mortgage. That said, be sure to shop around to find a competitive rate. Getting a fixed-rate mortgage with a term as short as 10 years will save you a lot of money on interest costs.

About the author:

Tim Manni is the Content Editor at HSH.com and is the author of their daily blog, which concentrates on the latest developments in the mortgage and housing markets.

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