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[vc_row css=”.vc_custom_1569385979646{padding-top: 80px !important;padding-bottom: 80px !important;}” el_class=”space-bot-mb”][vc_column offset=”vc_col-md-6″ css=”.vc_custom_1559032327942{margin-bottom: 60px !important;}”][vc_custom_heading text=”What is A Fixed Rate Mortgage?” use_theme_fonts=”yes” css=”.vc_custom_1559031861907{margin-bottom: 24px !important;}”][vc_column_text css=”.vc_custom_1566806722413{margin-bottom: 24px !important;}”]

As its name implies, a fixed rate mortgage is one where the interest rate on your home loan remains the same throughout its duration.

This differs from a loan where the interest rate may change over time, such as an adjustable rate mortgage.[/vc_column_text][otbutton btn_text=”Check today’s mortgage rates” btn_link=”http://wpdemo2.oceanthemes.net/quanto/mortgage-rate-table/” style=”btn-brand”][/vc_column][vc_column offset=”vc_col-md-6″ css=”.vc_custom_1568694482149{margin-bottom: 40px !important;}”][imgbox style=”style2″ photo=”1113″ iclass=”card-pattern-left”][/imgbox][/vc_column][vc_column][/vc_column][vc_column width=”1/2″ css=”.vc_custom_1568686882062{margin-bottom: 40px !important;}”][vc_column_text css=”.vc_custom_1559032444721{margin-bottom: 0px !important;}”]Fixed rate mortgages are the most popular form of home loan in the United States largely due to the appeal of a consistent mortgage payment amount over the life of the loan.[/vc_column_text][/vc_column][vc_column width=”1/2″ css=”.vc_custom_1568686889911{margin-bottom: 40px !important;}”][vc_column_text css=”.vc_custom_1559032456508{margin-bottom: 0px !important;}”]In many instances, fixed rate mortgages have higher mortgage payments than adjustable rate mortgages. This is most often because the interest rate remains unchanged for the duration of the loan.[/vc_column_text][/vc_column][vc_column el_class=”col-width-auto shadow-box” css=”.vc_custom_1559032963385{margin-right: 15px !important;margin-bottom: 80px !important;margin-left: 15px !important;padding-top: 80px !important;padding-right: 80px !important;padding-bottom: 80px !important;padding-left: 80px !important;background-color: #ffffff !important;}”][vc_row_inner][vc_column_inner offset=”vc_col-lg-offset-3 vc_col-lg-6″ css=”.vc_custom_1568686909297{margin-bottom: 40px !important;}”][vc_custom_heading text=”Fixed Rate Mortgage Benefits” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_column_text css=”.vc_custom_1566288536235{margin-bottom: 0px !important;}”]

The biggest benefit of a fixed rate mortgage is the fact that the interest rate does not change over time.

[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/2″ offset=”vc_col-md-4″][feature style=”style6″ icon=”fa fa-arrows-alt” title=”Competitive Interest Rates”]Vivamus rutrum, libero eget rutrum vehicula, telluel convallis diam risus finibus sapien.[/feature][/vc_column_inner][vc_column_inner width=”1/2″ offset=”vc_col-md-4″][feature style=”style6″ icon=”fa fa-lock” title=”Locked Interest Rate”]Fusce pretium neque non vestibulum finibus. Suspendisse ut rutrum simple dummy semper hendrerit.[/feature][/vc_column_inner][vc_column_inner width=”1/2″ offset=”vc_col-md-4″][feature style=”style6″ icon=”fa fa-share-alt” title=”Easier-to-understand”]Suspendisse aliquet tortor et sodales aliquam. Vestibulum egestas mole stie magna ac feugiat.[/feature][/vc_column_inner][/vc_row_inner][/vc_column][vc_column][vc_row_inner][vc_column_inner offset=”vc_col-lg-offset-2 vc_col-lg-8″ css=”.vc_custom_1568686924026{margin-bottom: 40px !important;}”][vc_custom_heading text=”How long do I repay a fixed-rate mortgage?” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_column_text css=”.vc_custom_1559033461753{margin-bottom: 0px !important;}”]

The mortgage term is the number of years you repay the loan. Fixed-rate mortgages usually come in terms of 15 or 30 years. Here are some pros and cons of each term:

[/vc_column_text][/vc_column_inner][vc_column_inner width=”1/2″][mortftb pattern=”card-pattern-left” title=”30-Year Fixed”]Fusce mollis, erat in facilisis ullamc orper, dui mauris semper urna, dictum maximus ante neque nec metus.[/mortftb][/vc_column_inner][vc_column_inner width=”1/2″][mortftb pattern=”card-pattern-right” title=”15-Year Fixed”]Aenean congue, libero ut sodales dapibus, mi elit venenatis metus, non volutpat arcu sapien id tellus.[/mortftb][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row css=”.vc_custom_1569385992800{padding-top: 100px !important;padding-bottom: 100px !important;background-color: #ffffff !important;}” el_class=”space-mb”][vc_column offset=”vc_col-lg-offset-2 vc_col-lg-8″ css=”.vc_custom_1568686948472{margin-bottom: 40px !important;}”][vc_custom_heading text=”Get Pre-Qualified For A Fixed Rate Mortgage” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes”][vc_column_text css=”.vc_custom_1559033589663{margin-bottom: 0px !important;}”]

With flexible options, program expertise, and superior service, we’ll work with you from application to close to ensure a smooth loan process and create a loan program that meets your financial needs and goals.

[/vc_column_text][/vc_column][vc_column offset=”vc_col-lg-offset-2 vc_col-lg-8″][vc_row_inner][vc_column_inner width=”1/2″][feature style=”style2″ iconfl=”flaticon-112-contract” title=”Apply Online” btnst=”btn btn-rounded btn-secondary” link=”url:http%3A%2F%2Fwpdemo2.oceanthemes.net%2Fquanto%2F|title:Apply%20Now||” iclass=”text-center”]To apply online, simply complete our application form and we will back to you as soon as possible.[/feature][/vc_column_inner][vc_column_inner width=”1/2″][feature style=”style2″ iconfl=”flaticon-029-file-2″ title=”Application Form (PDF)” btnst=”btn btn-rounded btn-brand” link=”url:http%3A%2F%2Fwpdemo2.oceanthemes.net%2Fquanto%2F|title:Download%20PDF||” iclass=”text-center”]Simple download and complete the application form ans submit to our near branch office.[/feature][/vc_column_inner][/vc_row_inner][/vc_column][vc_column offset=”vc_col-lg-offset-2 vc_col-lg-8″ css=”.vc_custom_1559034349097{margin-top: 60px !important;}”][alert style=”alert-warning”]

To learn more about getting pre-approved for your next mortgage.

support@oceanthemes.netcontact us today at 800.123.4567

[/alert][/vc_column][/vc_row][vc_row css=”.vc_custom_1569386004552{padding-top: 100px !important;padding-bottom: 100px !important;}” el_class=”space-mb”][vc_column][vc_custom_heading text=”Other Popular Loan Options” font_container=”tag:h2|text_align:center” use_theme_fonts=”yes” css=”.vc_custom_1568686981240{margin-bottom: 40px !important;}”][/vc_column][vc_column][ot_mortgage num=”3″ pattern=”card-pattern-left” btnshow=”true”][/vc_column][vc_column offset=”vc_col-md-offset-3 vc_col-md-6″ css=”.vc_custom_1559034363687{margin-top: 30px !important;}”][alert style=”alert-warning”]

Have a question? Speak to a Quanto specialist at (800-123-1234)

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