30 Year Fixed Rate Mortgage

With a Fixed Rate mortgage, you receive an interest rate that remains constant throughout the term of the loan. Some people find set payments easier to manage, and the fixed loan provides the stability for which they are looking.

30 Year fixed rate

The 30 Year fixed mortgage is the backbone of the mortgage financing industry. With this mortgage the interest rate you receive remains the same throughout the term of the loan. Of course, you have the option to refinance should interest rates lower over time. See Refinance for more information.