mortgage rates
5 Mortgage Rates vs 5‑Year Fixed: Which Wins?
5 Mortgage Rates vs 5-Year Fixed: Which Wins? The 5-year fixed usually wins for borrowers who need payment certainty, while the 30-year remains cheaper month-to-month but adds far more interest over the life of the loan. A 25-basis-point rise in the 30-year rate can lift a $350,000 mortgage payment