Fixed Rate

Fixed rate mortgages provide the security of knowing that your monthly principal and interest payment will not change over the life of the loan. Fixed rate mortgages are available in 15, 20, or 30 year terms.

Consider a fixed rate mortgage if you:

• Prefer the certainty of a fixed principal and interest payment
• Want protection against rising interest rates
• Plan to stay in your home for many years
• Are on a fixed or limited budget