“FIXED-RATE MORTGAGE”
A fixed-rate mortgage refers to a home loan that has a fixed interest rate for the entire time of the loan. In other words, the rate mortgages are the most popular type of financing for budget-conscious consumers who want to know how much they will pay every month. While the principal and interest amount paid each month will not vary, the overall monthly payment can still fluctuate due to homeowner’s insurance premiums and property taxes. The main advantage of a fixed-rate loan is that the borrower is protected from the sudden interest rate hikes. Because they are considered a less risky loan option, fixed rate loans work best for those planning to occupy their home for a long time. Decisions, decisions. Buying real estate is a full decisions, evaluations, judgements, and assessments. What’s best for you and your future? Although the final say off course is yours, we can help navigate your way through the many choices you’ll have to make during the sometimes daunting process of buying a home. Let’s get together soon to discuss your real estate plans. “OUR SUCCESS HAS BEEN BUILT ONE SATISIFIED CUSTOMER AT A TIME.”
