A conventional mortgage is a mortgage where the interest rate is fixed and will not change for the life of the loan. This is also referred to as a fixed rate mortgage. It is also considered a mortgage that is not insured by the government.
Read...Related Headlines
- High-end ARM reset (mild) hilarityposted 157 weeks ago on Blown Mortgage
- IndyMac wades back in to the jumbo marketposted 158 weeks ago on Blown Mortgage
- Bank of America Neuters Countrywide?posted 123 weeks ago on Blown Mortgage
- US Bank Eliminates 100% Financingposted 131 weeks ago on Blown Mortgage
- Mortgage rates headed up as Fannie and Freddie struggleposted 110 weeks ago on Blown Mortgage
- PSA: Go FHA!posted 156 weeks ago on Blown Mortgage
- 5 Things to Do Right Now if Your ARM is Going to Reset Soonposted 152 weeks ago on Blown Mortgage
- Mortgage Applications Fall as Interest Rates Riseposted 132 weeks ago on Blown Mortgage
- Mortgage Refinance Applications Down 30%; Interest Rates Up.posted 131 weeks ago on Blown Mortgage
- George Bailey and ?It?s a wonderful sub prime mortgage??posted 142 weeks ago on Blown Mortgage