Your Guide To Fixed-Rate Home Loan Benefits
It all depends on your situation. Before you decide, take a look at the top reasons for getting a fixed-rate mortgage over a variable rate option.
Fixed-rates give you greater confidence that you can make your mortgage payments since they are predictable. Economic shifts have no impact whatsoever on how much you pay.
With a fixed-rate home loan, the interest rate on your loan remains the same for an agreed period -- the most common of which are 30, 20, and 15 years.
Since your interest rates remain the same over time, a fixed-rate mortgage allows you to budget the rest of your finances.
Quikhome Mortgage Lending, LLC, 2063359,
Kristofer Nance, LLC, 2033980, (nmlsconsumeraccess.org)
Some services, including Real Estate and Insurance, are provided by Nance & Associates, Realtors & Union Insurance Agency Affiliated Companies.
The consumer is not required to use any particular provider or required to use an affiliated entity.
Get Your
FREE eBOOK
