Q: What is a fixed-rate mortgage?
Fixed-rate mortgages come with an interest rate that remains constant over the life of the loan. Because the interest rate and monthly payment are fixed, they provide a stability that is appealing to many buyers.
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Learn moreFixed-rate mortgages come with an interest rate that remains constant over the life of the loan. Because the interest rate and monthly payment are fixed, they provide a stability that is appealing to many buyers.