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Below are some fun facts when considering a 15 vs 30 Year Mortgage! Your Costs for a $250,000.00 Fixed-Rate Mortgage 15-Year at 3.75% 30-Year at 4.50% Your Monthly Payment: $1,818.00 $1,267.00 Interest You'll Pay During First 5 Years: $40,778.00 $53,898.00…

A year ago, a $25 billion settlement ordered banks to do a better job helping troubled homeowners, and to end the stories of borrowers trapped in a confusing web of mortgage negotiations leading to foreclosure. The stories, however, keep coming,…