Real Estate City Information: Mortgages

Fixed-Rate Mortgages

30-Year Fixed-Rate: The easiest fixed-rate loan to qualify for, the 30-year mortgage, gives you an excellent opportunity to keep mortgage payments reasonable by making monthly payments over a long period of time. This mortgage loan may be ideal if you plan to remain in your home for years and wish to keep your housing expense low and use any extra cash for other purposes. This loan also
provides maximum interest deduction for tax purposes.