Fixed-rate mortgages in Kansas
Fixed rate mortgages or FRMs are a popular choice. Borrowers like the safety and security that comes with knowing their interest rates and payments won’t change. It’s a conservative approach to home ownership. A 30-year FRM is most common, but most lenders offer shorter and longer payoff periods. The upside of a longer period is usually a better rate. You pay less interest on a shorter period, but monthly payments will be higher.
