Fixed Rate Mortgages

Fixed rate mortgages allow you to keep the same interest rate for as long as you hold your mortgage, no matter how interest rates change in the financial markets.

15- to 30- year terms
FHA, VA and conventional
Interest rate does not change
Principal and interest does not change
Fully amortized over a defined period of time and paid in full at the end of the loan term
The shorter the term, the faster equity is built and the loan is paid off

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