Loan Solutions Expert

You are possibly familiar with a fixed-rate mortgage. Your parents more than likely had one, as did their patent before them. The major advantage of fixed rate mortgages is that they present predictable housing costs for the life of the loan. When people thought of a mortgage 10 to fifty years ago, they thought of a 30-year fixed-rate mortgage. This traditional favorite is not the only choice nowadays because volatile financial times created a whole new array of selections.