Fixed-rate mortgage

Fixed-rate loans generally have repayment terms of 15, 20 or 30 years. Both the interest rate and the monthly payments (for principal and interest) stay the same during the life of the loan. Source: Federal Reserve

Most Recent

Should You Pay Extra on Your Mortgage?

Paying down debt is always a good idea. It will reduce the amount you pay in interest and shorten the length of your loan. But it might not be the wisest use of your money until you've done these three things.

Top 3 Ways To Refinance Your Home

Point of Interest Refinancing your mortgage can be stressful and it’s important to do it in the right way. Weighing the best ways for how to refi…