Best 20-Year Mortgage Rates | July 2021
Mortgages with 20-year terms are not very common. The majority of home loan borrowers go for 30-year terms. However, you can save a lot of money in interest by going with a mortgage that has a shorter term. Typically, mortgages with shorter terms have lower interest rates and you pay interest for shorter periods, which dramatically reduces the cost of the mortgage.
Most homebuyers (about 8 out of every 10) get a mortgage to finance their home. However, finding the right home loan for your needs and budget can be a real challenge. SuperMoney's list of the best 20-year mortgage will help you find and compare the best 20-year mortgage rates available in your area.