Evolving Personal Finance » Entries tagged with "30-year mortgage"
The Great Debate: 15-Year vs. 30-Year Mortgages
Another way to put the question is what is the better priority – paying off debt or building wealth? Do you pay attention to interest paid or cash flow? This debate can be perfectly summarized by two radio personalities/podcasters I listen to: Dave Ramsey vs. Ric Edelman. I like both of them in different ways but on the question of what kind of mortgage to get they are polar opposites. Ramsey permits the idea of a … Read entire article »
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