15 year mortgage or 30 year?!?

[Peter G.]

I am new to this financing world and would love to get your alls options on the pluses and minuses of 15 yr and 30 year mortgages. 

[Russell Brazil]

I always think it's a better idea to get a 30. Nothing will stop you paying it off in 15 if you choose. But having the lower payment the 30 affords you gives you much more flexibility for when life's circumstances change like if you get laid off, have vacancies, get hit by a car and can't work etc.