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Buying or Refinancing? With a fixed rate mortgage, your mortgage interest rate, and your total monthly payment of principal and interest, will stay the same for the entire term of the loan. These loans are available in various terms ranging from 10 to 30 years.
Buying or Refinancing? With a fixed rate mortgage, your mortgage interest rate, and your total monthly payment of principal and interest, will stay the same for the entire term of the loan. These loans are available in various terms ranging from 10 to 30 years.