The Benefits Of A 30 year Fixed Rate Mortgage
July 23, 2008 by admin
A fixed-rate mortgage has an interest rate that won’t change for the life of your loan. Usually that’s 30 years. It’s the best security against rising mortgage rates and higher payments. If you know you don’t plan on moving or refinancing in the next 10 years or so, the fixed-rate mortgage for Trident Mortgage in Chadds Ford may be your best choice. Here are some benefits of a 30 year fixed rate mortgage:
- Rates on fixed-rate mortgages are currently at or near historic lows. This means your mortgage payment starts low and stays there.
- You can choose the term that’s right for you - the shorter your term, the less interest you’ll pay. No matter how long you finance your mortgage, you’ll have the peace of mind in knowing what your payment is, so you can plan your budget.
- If you don’t have a full (20%) down payment, you can still get the security of a low, fixed payment. You can put as little as 5% down on a fixed-rate mortgage.
- Need to refinance? A fixed-rate mortgage is a great way to refinance up to 95% of your home value. Or, refinance up to 90% to take cash out - pay down debt that doesn’t offer tax incentives
John Gamlin
Routes 1 & 100
P.O.Box 577
Chadds Ford, PA 19317
Phone: 610-388-9683
Fax: 610-388-7554
|
|
Mortgages & Home Loans,Mortgage,15 Year Fixed-Rate Mortgages (FRMs),30 Year Fixed-Rate Mortgages (FRMs),80/20 Mortgages - Tandem Loans,Adjustable Rate Mortgages (ARMs),Alternative / Creative Mortgage Options,Balloon Mortgages,Bimonthly Payment Mortgages,Biweekly Payment Mortgages,Commercial Property Loans,Conventional Mortgage - New Home Loan,Dual Index Mortgages,FHA Mortgages,Flexible Payment ARMs,Graduated Payment Mortgages,Home Equity Loans/Lines of Credit,Interest Only Mortgages,Jumbo Mortgages/Loans,Mortgage - Mobile Home,Mortgage - Refinance,New Construction Loan,NIV - No Income Verification Mortgages,Remodel, Renovation & Home Improvement Loans,Reverse Mortgages,Second Mortgages,Shared Appreciation Mortgages,Subprime Mortgage,Two-Step Mortgages (2/28, 5/25, 7/23),VA Mortgages,Weekly Payment Mortgages,Wrap-Around Mortgages,Zero (0%) Down Payment Mortgages,Chadds Ford PA 19317,Mendenhall PA 19357,Chester,Delaware,Pennsylvania,,brandywine, mendenhall, pennsburg,





[…] moving or refinancing in the next 10 years or so, the fixed-rate mortgage for Trident Mortgage in Exton may be your best choice. Here are some benefits of a 30 year fixed rate […]