Because of this, they offer predictable payments, and are ideal for buyers that intend to be in their home for a long time. They come in varieties based on the loan period: 10 year, 15 year, and 30 year. The shorter the loan period, the lower the interest rate but the higher the monthly payments.
Fixed rate mortgages are our most popular loan. Our depth of experience and industry connections allows us to offer competitive fixed rate loans for new purchases or refinancing. Interested in talking through your options? Let’s chat, contact us today.