Fixed rate mortgages are one of the most popular type of home loans in the United States. The interest rates on these mortgages are fixed during the life of the loan, so borrowers do not have to worry about their mortgage rates changing when interest rates rise. Fixed mortgages could be good for borrowers who plan to stay for a long term 10 years or more in the same house.
For qualified borrowers, a 30 year fixed rate mortgage is available at a 4.375% rate and 4.581% APR. A 20 year fixed rate mortgage is available at a 4.250% interest rate and 4.532% APR, and a 15 year fixed rate mortgage is available at a 3.750% mortgage rate and 4.106% APR.
In addition to low fixed rate mortgages, Total Mortgage also offers a wide array of other mortgage products such as FHA mortgages, jumbo mortgages and adjustable rate mortgages at some of the most competitive rates in the industry. To see all our current mortgage rates please visit us online, or call 877-868-2503 to speak with a licensed mortgage professional today.
Mortgage rates are always changing. All rates were quoted at 12:30 P.M., on January 24, 2011.
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