You enjoy modern conveniences, organized activities and social opportunities. You want a smaller place, a more accessible neighborhood, warmer weather, or just to be closer to your family.
Reasons why a 30-year fixed-rate mortgage is not always the best option
Chances are that you won’t live 30 years in your next home. You’ll either sell it or keep it as an investment. in which case, the chances of you wanting to keep the same mortgage without refinancing are very low.