Fixed Rate Mortgage

Fixed Rate Mortgage from ChangeMyRate.com® A Mortgage Corporation

By: ChangeMyRate.com® A Mortgage Corporation  04/03/2015
Keywords: change my rate

Our popular loan options for both purchase and refinances: 30, 25, 20, 15 & 10-year fixed-rate mortgages but most popular is the 30-year because that makes your payment the lowest With a fixed-rate home loan, your interest rate remains the same for the life of the loan and the payment is split into equal monthly payments for the duration. During the first few years, only a small portion of the payment pays off principal. Most goes to pay off interest.

Keywords: change my rate

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Adjustable Rate Mortgage from ChangeMyRate.com® A Mortgage Corporation thumbnail
04/03/2015

Adjustable Rate Mortgage

One Year ARMs Adjustable Rates.A mortgage loan in which the interest rate changes based on a specific schedule after a