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  • Writer's pictureLoanOnTime

What Is A 30-Year Fixed Mortgage?

A 30-year, fixed-rate mortgage has an interest rate that doesn’t change over the full term of The loan. It’s a popular choice for many homebuyers because of its stable monthly principal And interest payment that allows homeowners to budget housing expenses over the long Haul.

Research and compare lenders offering 30-year mortgage rates in your area. A 30-year fixed-Rate mortgage enables you to buy a home or refinance your current mortgage with lower, More affordable monthly payments than shorter loans. See Our Rates Below.

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