A fixed-rate mortgage will maintain a single interest rate for the life of the loan. Explore how fixed-rate mortgages work and their various benefits.| Rocket Mortgage
While shopping for home loans, you’ll need to decide between a fixed-rate or adjustable-rate mortgage. Learn how they differ, and which is better for you.| Rocket Mortgage
Mortgage refinancing works by trading your mortgage for a newer one, ideally with a lower balance and interest rate. Learn why and how to refinance a mortgage.| Rocket Mortgage
Adjustable-rate mortgages offer low introductory interest rates that change over the life of a loan – with limits. Find out whether an ARM is right for you.| Rocket Mortgage
For a home buyer, closing costs are typically 3% – 6% of the loan amount. Learn more about how to calculate your closing costs and what’s included in them.| www.rocketmortgage.com