Should I get a 15 year mortgage?

by Tyler Osby on January 20, 2013

With rates as low as they have been in the past year, I get the question “Should I pay off my mortgage faster?”.   I’ll be honest, it’s a tough question to answer in the broad sense.  But, I can say that this week’s update helps talk through the conversation I have with clients on this topic.  I love the question, because it’s really a goal worth obtaining (being debt free).

In this week’s update, I will answer:

  1. What did “Des Moines” come from? (What’s it named after?!)
  2. What questions do you need to ask yourself when considering a 15 year mortgage?
  3. What are the most common mistakes people make when switching to a 15 year mortgage?
  4. What you can learn from banks and make money from it….

Along with answering this popular question, we continue the monthly theme of “local t-shirts”.  Enjoy! 🙂

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