San Jose Real Estate
Information: Mortgages
Fixed-Rate Mortgages
The interest rate may be your main consideration if you expect to stay
in your house for a long time. With a fixed-rate mortgage, you can be
sure that your interest rate will stay the same for the entire life
of your loan. Fixed-rate mortgages are available in a variety of repayment
terms, with 15, 20, and 30 years the most common.