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Transform your financial future with our 10-year refinance mortgage option-where savvy homeowners like you can slash interest rates, pay off your home faster, and save thousands over the life of your loan; it's not just refinancing, it's redefining your pathway to financial freedom-experience the power of a decade-long commitment that turns your home into an asset, not just a dream, and unlock the potential of smart financial planning today with confidence and clarity.
https://www.sofi.com/learn/content/how-10-year-mortgages-work/
A short 10-year mortgage could be beneficial for some borrowers vs. the common 30-year variety. It's important to consider your personal finances and goals. https://www.reddit.com/r/whitecoatinvestor/comments/183szg7/10year_vs_30_year_mortgage/
If the interest rate is better or equal on a 30 year, might as well do 30 year. But often the 10 year rate is 0.5% less. https://www.cnet.com/personal-finance/mortgages/10-year-mortgage-rates/
For a 10-year fixed-rate mortgage, the average rate is currently 6.44% as of Feb. 13, 2024, according to Bankrate.
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