What is the interest rate for a fixed-rate mortgage?

The interest rate for a fixed-rate mortgage varies based on various factors, including market conditions, the borrower's creditworthiness, the loan term, and the specific loan program chosen. At Franklin American Mortgage Company, we offer competitive interest rates on our fixed-rate mortgages. These loans provide borrowers with the security of a consistent monthly payment throughout the loan term. By locking in a fixed interest rate at the time of application, borrowers can expect their rate to remain unchanged for the entire duration of the loan. To find out the current interest rate for a fixed-rate mortgage, we encourage you to reach out to our team of experienced mortgage professionals who will be happy to provide personalized information and help guide you through the loan application process.