With fixed rate mortgages, your interest rate stays the same for the duration of the loan. They are often available as 10, 15, 20 & 30-year loans. The 15- and 30-year loan are by far the most popular type of home loans, accounting for about 75% of all U.S. residential mortgages. #realtyterms #fixedratemortgage #Nashvillerealtor #middleTNrealtor #greaternashville #relocationexpert #franklinTN #brentwoodTN #nashvilleTN #murfreesboroTN #smyrnaTN #lavergneTN #columbiaTN #fairviewTN #leipersforkTN #arringtonTN #mtjulietTN #lebanonTN #dicksonTN #hendersonvilleTN #gallatinTN #eastNashvilleTN #bellevueTN #westNashvilleTN #diamondinarhinestoneworld