One common type of mortgage is a conventional loan with a 15-year fixed interest rate. With a fixed rate, your rate and monthly payment will stay the same throughout the life of the loan.

One option to consider is refinancing to a conventional 15-year, fixed-rate loan. If you’re thinking about refinancing, be sure to keep an eye on interest rates beforehand as they tend to ...

Michigan defensive line coach Lou Esposito watches a play during the second half of the spring game at Michigan Stadium in Ann Arbor on Saturday, April 20, 2024. / Junfu Han / USA TODAY NETWORK ...