What's Your Property Worth?

Find Out Now!

South Florida fixed rate mortgage

What is a Fixed-Rate Mortgage?

Fixed-rate mortgages are probably the most common type of mortgage. You are able to lock into a set interest rate which results in monthly mortgage payments that remain the same for the entire life of the loan.

A fixed-rate mortgage (FRM) is a type of mortgage with a specific rate term. A fixed-rate mortgage has a fixed interest rate for the entire length of the mortgage term. These mortgages are typically available in 5 year increments between 10 and 30 year terms. The 30-year fixed rate mortgage is the most common type of mortgage people take out.

Advantages to Fixed-Rate Mortgages

Having a Fixed-Rate Mortgage helps most individuals establish their long term financial budgeting and savings goals more effectively. By having a mortgage rate that’s fixed for the duration of the loan, borrowers can typically project their overall household expenses more consistently from month to month.

Questions? Contact Michael Macias Today!
X
Michael Macias

Questions?

(305) 467-7910 Email Us

Thanks again for choosing Executive Mortgage Group of Florida, LLC!

X

Get in Touch

Contact Michael Macias

Michael Macias

34 S Federal Hwy, Suite A
Dania Beach, Florida 33004
(305) 467-7910
NMLS# 1323697

Send an Email

X Michael Macias

If you have any immediate questions or concerns don't hesitate to give us a call @ (305) 467-7910

0%

I agree to the following terms & conditions

I hereby certify that the information given in my submission is complete and correct and is given for the purpose of potentially obtaining a mortgage loan and/or financial services applied for.