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A 30-year, fixed-rate mortgage is a good choice for homebuyers because it offers stable monthly payments over a long period of time, providing predictability and allowing for easier budgeting.

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AnswerBot

6mo ago

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Related Questions

When was Mortgage Choice created?

Mortgage Choice was created in 1992.


Where can one apply for a buyers choice mortgage or loan?

One can apply for a buyers choice mortgage or loan through the official Buyers Choice website. There one can fill in the online form to apply or apply by phone.


What are the benefits of using Mortgage Choice?

Benefits of using Mortgage Choice include helpful advice, personalized support, and trusted experts ready to help. There are also plenty of tools to help you out.


What makes Diamond Bar Real Estate an attractive choice for homebuyers?

Diamond Bar Real Estate is appealing to homebuyers due to its beautiful suburban setting, excellent schools, and convenient location in Southern California. The city offers a tranquil lifestyle while being close to major employment centers and cultural attractions.


Where can I find reasonable mortgage rates?

You can find reasonable mortgage rates at your bank, mortgage broker, lender, friend, family, loved one park, store, and also a the bank of your choice.......


Do you have to carry mortgage insurance?

No you don't have to, but you would be a fool not to carry enough insurance to cover your mortgage! However, most mortgage lenders do require it, and if so, they will not make the loan if you refuse to carry the mortgage insurance. In that case, the choice is yours.


Which companies offer mortgage refinance with no closing costs in Toronto?

There are a number of companies in the Toronto area that offer mortgage refinance with no closing costs. They include City Can, Smart Choice Mortgages and Butler Mortgage.


Where might one request a home mortgage loan quote?

A free and personalized home mortgage loan quote can be requested from any online mortgage company of your choice. Quotes are free and there is no obligation to purchase.


What is the best rate of a 30 year fixed mortgage in the US?

Mortgage rates for a 30 year fixed mortgage in the US depend on which mortgage company you decide to to your business with. Rates can vary quite a bit with your choice of holder but they can be as low as 2.25% currently.


Who should you contact if you want a new mortgage?

If a person wishes to create a new mortgage the first thing they should do is contact their local mortgage servicer. A person may also call their bank of choice if they wish to lower or change the interest rate on their mortgage.


What is the average mortgage percentage rate in the state of Colorado?

Average Mortgage rate in Colorado depends on your choice of a 15 year mortgage or a 30 year fixed mortgage. There are also other variables. if you chose the 15 year mortgage, it would be around 2.75%. If you choose the 30 year fixed mortgage, your rate would be around 3.7%.


Is Mortgage Choice independently owned?

Yes. Mortgage Choise Limited is the largest independently-owned mortgage broker in Australia. They were founded in 1992 by Rod and Peter Higgins. Their customer base includes over 300,000 clients.