Hart West Financial, Inc. specializes in providing New Mexico clients with competitively priced mortgage rates and fees that are sure to fit any budget. Hart West is family owned and is known for treating each of their customers as one of the family. They accomplish this by getting to know their clients and their individual needs. Each client is given personal attention, to ensure that they completely understand the mortgage process and are provided with detailed information, in order for their client to make an informed decision. Check out their daily mortgage commentary, at hartwest.com which provides a wealth of information regarding mortgages for purchase, refinancing and more!
Lenders offer several types of mortgages, but the most common are fixed-rate mortgages. During the entire term of your mortgage, your interest rate and the total amount you pay per month, never fluctuates. Fixed-rate mortgages generally last for a period of 15 or 30 years.
Fixed-rate Mortgages are popular because…
- They charge a set rate of interest that does not change.
- Payment amounts do not change.
- Borrowers are protected from sudden increases in their monthly mortgage payments.
- When interest-rates are low fixed-rate mortgages are extremely affordable.
You can use Hart West’s current mortgage rate calculator, found at hartwest.com, to help you figure out which fixed-rate mortgage option best fits your financial needs.