(I) Fixed Rate: Here, the interest rate remains unchanged throughout the long-term period.
Most FHA loans are made to stable, borrowers with a proven good credit long.

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Such situations lead to how to refinance a mortgage at a variable rate to a fixed rate mortgage.

If you currently pay a rate of 8 or 9 percent, you stand to save a huge amount of money over the life of your loan.

You can make a plan that best fits your life and leave you still financially stable.
If the expert Colorado offers a loan term of 15 years, it gives you the opportunity to save thousands of dollars.