One of the many types of home loans offered to borrowers is called a fixed rate mortgage. Unlike an adjustable rate mortgage, the monthly payments for a fixed rate mortgage stay stable throughout the life of the loan.
This type of home loan is most commonly available in 15 and 30-year mortgages and can provide the stability many home buyers require during unstable economic times. Need to have peace and mind.
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– Joel Carlson - MJC Realty - Newport Beach Office - DRE 00546246
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