Fixed-rate mortgages are one of the most common loan options for homebuyers and homeowners. With a fixed-rate loan, the interest rate remains the same for the entire life of the loan, which means your principal and interest payment stays consistent over time.
Why Choose a Fixed-Rate Loan?
• Interest rate remains the same for the life of the loan
• Predictable monthly principal and interest payments
• Available with multiple loan terms (such as 15, 20, or 30 years)
• Not affected by future market rate changes
• A helpful option for buyers who value payment stability and long-term planning
Property taxes, insurance, and HOA dues may still change over time, which can affect the total monthly payment.
Sarah E. P. Beers
Mortgage Loan Originator | NMLS #1481311
Email: sbeers@hancockmortgage.com | Phone: (315) 573-3259
Serving Florida’s Space Coast and Brevard County, including Palm Bay and Melbourne.
Hancock Mortgage a DBA of City First Mortgage Services, LLC NMLS #3117 and is not an agency of the federal government and is not acting on behalf of or at the direction of HUD/FHA. City First is an Equal Housing Lender. Programs, rates and terms subject to change without notice. Underwriting terms & conditions apply.
Equal Housing Lender. Mortgage Loan Originator licensed in Florida.
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