Fixed-Rate Mortgage. The most popular home loan features an interest rate that doesn’t change over the life of the loan. That means the principal and interest portion of your monthly payment won’t fluctuate, which makes it easier to budget for your mortgage from month-to-month.
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If you're more knowledgeable on the subject, chances are you'll secure a lower rate and choose a more. Then Determine If You're Able to Get a Mortgage.
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Sometimes I tend to skip past the seemingly basic mortgage questions, assuming everyone. [What credit score do I need to get a mortgage?]
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