Fixed Rate Mortgages

What is A Fixed Rate Mortgage?

As its name implies, a fixed rate mortgage is one where the interest rate on your home loan remains the same throughout its duration.

This differs from a loan where the interest rate may change over time, such as an adjustable rate mortgage.

[otbutton btn_text=”Check today’s mortgage rates” btn_link=”http://wpdemo2.oceanthemes.net/quanto/mortgage-rate-table/” style=”btn-brand”]
[imgbox style=”style2″ photo=”1113″ iclass=”card-pattern-left”][/imgbox]

Fixed rate mortgages are the most popular form of home loan in the United States largely due to the appeal of a consistent mortgage payment amount over the life of the loan.

In many instances, fixed rate mortgages have higher mortgage payments than adjustable rate mortgages. This is most often because the interest rate remains unchanged for the duration of the loan.

Fixed Rate Mortgage Benefits

The biggest benefit of a fixed rate mortgage is the fact that the interest rate does not change over time.

  • Vivamus rutrum, libero eget rutrum vehicula, telluel convallis diam risus finibus sapien.
  • Fusce pretium neque non vestibulum finibus. Suspendisse ut rutrum simple dummy semper hendrerit.
  • Suspendisse aliquet tortor et sodales aliquam. Vestibulum egestas mole stie magna ac feugiat.

    • How long do I repay a fixed-rate mortgage?

    The mortgage term is the number of years you repay the loan. Fixed-rate mortgages usually come in terms of 15 or 30 years. Here are some pros and cons of each term:

    [mortftb pattern=”card-pattern-left” title=”30-Year Fixed”]Fusce mollis, erat in facilisis ullamc orper, dui mauris semper urna, dictum maximus ante neque nec metus.[/mortftb]
    [mortftb pattern=”card-pattern-right” title=”15-Year Fixed”]Aenean congue, libero ut sodales dapibus, mi elit venenatis metus, non volutpat arcu sapien id tellus.[/mortftb]

    Get Pre-Qualified For A Fixed Rate Mortgage

    With flexible options, program expertise, and superior service, we’ll work with you from application to close to ensure a smooth loan process and create a loan program that meets your financial needs and goals.

  • To apply online, simply complete our application form and we will back to you as soon as possible.
  • Simple download and complete the application form ans submit to our near branch office.
    • [alert style=”alert-warning”]

    To learn more about getting pre-approved for your next mortgage.

    support@oceanthemes.netcontact us today at 800.123.4567

    [/alert]

    Other Popular Loan Options

    [ot_mortgage num=”3″ pattern=”card-pattern-left” btnshow=”true”]
    [alert style=”alert-warning”]

    Have a question? Speak to a Quanto specialist at (800-123-1234)

    [/alert]