A big advantage of fixed rate mortgages is that the rate remains fixed. If interest rates were to rise in the future, your fixed rate mortgage would protect you from that rise. However, fixed rate mortgage rates are generally higher than adjustable rate mortgages.
There are several different types of home loan mortgages available. Some the many are fixed mortgages, adjustable mortgages, balloon mortgages, and even reverse mortgages. Each has their own benefits and downfalls.
The types of mortgages that Countrywide offers are primarily home purchase loans, home refinance loans and home equity. They offer fixed rate loans and adjustable rate mortgages.
The different types of mortgage loans include Fixed Rate, One Year Adjustable, 10/1 Adjustable Rates, 2-Step, Balloon, 3/3 and 3/1 Adjustable Rates, 5/25 and 5/5 and 5/1 Adjustable Rate Mortgages. You can get more information about these types of mortgages online at the Mortgage Calculator Organization website.
Citibank offers both fixed and adjustable rate mortgages. They also offer FFA and VA mortgages as well. You can conveniently start the application process right from the official Citibank website.
Woolwich mortgages offers a full line of home mortgage products. They offer a 30 year fixed rate loan with an interest rate of 4.125% as well as several adjustable rate mortgage products.
There are several different types of home loan mortgages available. Some the many are fixed mortgages, adjustable mortgages, balloon mortgages, and even reverse mortgages. Each has their own benefits and downfalls.
There are many types of mortgages, such as a fixed rate mortgage or an adjustable rate mortgage. One can get a list of the different types of mortgages from a loan officer at the local bank.
The types of mortgages that Countrywide offers are primarily home purchase loans, home refinance loans and home equity. They offer fixed rate loans and adjustable rate mortgages.
The different types of mortgage loans include Fixed Rate, One Year Adjustable, 10/1 Adjustable Rates, 2-Step, Balloon, 3/3 and 3/1 Adjustable Rates, 5/25 and 5/5 and 5/1 Adjustable Rate Mortgages. You can get more information about these types of mortgages online at the Mortgage Calculator Organization website.
Citibank offers both fixed and adjustable rate mortgages. They also offer FFA and VA mortgages as well. You can conveniently start the application process right from the official Citibank website.
Woolwich mortgages offers a full line of home mortgage products. They offer a 30 year fixed rate loan with an interest rate of 4.125% as well as several adjustable rate mortgage products.
Quicken Loans offers many types of mortgage loans. Among them are 10, 15, 20, 25, and 30-year fixed-rate mortgages, adjustable rate mortgages, VA and FHA loans.
Interest only mortgages are available in several types: fixed rate, adjustable rate, and hybrid. They give borrowers the flexibility to only pay the interest on their mortgage loans in the beginning of the loan term.
"Types of home mortages include fixed-rate, FHA loans, adjustable rate, and mortgage buydowns. There is further variation within some of these types. For example, fixed rate mortgages may be for 10, 20, 30, even 50 years."
CIBC offers mortgages such as Variable Rate Mortgages and Fixed Rate Mortgages. You can learn more about the types of mortgages offered by the CIBC company at the CIBC website.
There are many differing types of mortgages offered by the Comerica Bank. These will vary from long term fixed rate mortgages to adjustable rate mortgages or interest only loans. The exact rate of interest will vary from time to time so it is impossible to give a definitive figure.
Nationwide Bank provides a full range of banking services, including mortgages. They offer fixed rate, adjustable rate and jumbo mortgages as well as home equity loans and refinancing. One can begin loan applications online, if desired.