Does a 15 Year Mortgage Costs Less Than a 30 Year Mortgage?

Joe Biondolillo shares when it comes to mortgages, most people make financial decisions that are ultimately based on what they’ve heard.

A lot of people approach mortgages with the sales hype and the psychological perspective of paying for your home over a long period of time. Oftentimes, people make a decision on mortgages based on their emotion.

Related: Exploring the Myth That You Will Be in a Lower Tax Bracket in Retirement

Learn more about myth number 3: A 15 Year Mortgage Costs Less Than a 30 Year Mortgage in this podcast: