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Mortgage Types
Home Equity Loans
Mortgage Process
Calculators
Today's Rates
National Averages
Mtg Loan
Rate
APR
30-yr Fixed
5.94%
6.13%
15-yr Fixed
5.53%
5.82%
5/1 ARM
5.58%
6.53%
Last updated: November 15, 2007
Mortgage Types
Fixed and Adjustable Rate Mortgages
Fixed rate and adjustable rate mortgages are the two major categories of mortgages.
Additional Types of Mortgages
Other types of mortgages include balloon, two-step, COFI, and LIBOR mortgages.
Home Equity Loans and Lines of Credit
These loan programs allow you to leverage the equity in your home.
Choosing the Right Mortgage for You
What are the factors you should consider when choosing a loan program?
Conforming and Jumbo Loans
What is the difference between a conforming and jumbo loan?
Interest Only Loans
What is an interest only loan and is it suitable for you?
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