Fixed Rate Mortgage Tips
Take a deep dive into how fixed-rate mortgages work, from the loan terms available to the pros and cons.
15-year vs. 30-year mortgage
A 15-year mortgage is paid over 15 years, while a 30-year mortgage is paid over 30 years. Understand the pros and cons of both loan terms.
10-year mortgage rates: What to expect
A 10-year mortgage may come with lower interest rates than a 15- or 30-year mortgage. Learn more about what to expect with current 10-year mortgage rates.
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Fixed-rate mortgages: Current rates and how they work
A fixed-rate mortgage has an interest rate that never changes. Learn more about how these loans work and how they compare with adjustable-rate mortgages.

What is a 15-year fixed-rate mortgage?
Are you considering a 15-year fixed-rate mortgage? Learn more about fixed interest rates and find out whether a 15-year mortgage is right for your needs.

What is a 20-year fixed mortgage?
A 20-year fixed mortgage is a loan with payments over a 20-year term. Learn how these mortgages compare to other loans and see Rocket Mortgage’s current rates.
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