Mortgage Regulations Have Changed . . . Mortgage regulations have changed significantly over the last few years making your options wider than ever. Subtle changes in the way you approach mortgage shopping and even small differences in the way you structure your mortgage can literally cost or save you thousands of dollars and years of
There are many times of financing options available to home buyers. Here are some of the most common: Fixed Rate Mortgage The interest rate on a fixed rate mortgage stays the same throughout the term of the loan, usually 15 or 30 years. This means the principal interest portion of your payment remains the same.