Why do most people choose a fixed rate for a mortgage loan?

Why do most people choose a fixed rate for a mortgage loan?

There is also a part of the population that has savings to buy a house, but they are not accessing mortgage loans.

buy house fixed rate

Here the reasons are also worrying because it seems that the system is too complex: the procedures that the banks put in are endless, and they frustrate those endless paperwork with requirements that exhaust patience.

Fortunately, this problem has begun to be solved as little by little options appear to hire this type of financing online, with pre approval in minutes and 100% online procedures.

Those who are able to access this type of offer ask themselves: do I contract a mortgage with a fixed or variable interest rate?

In countries where the economy is stable, there is almost no inflation and labor stability is common denominator, you can choose variable or mixed interest rates, because the context allows it.

In countries of this region, with cyclical economic and financial crises, it is risky to take a risk like this because it can cost us dearly.

Above all, when we also depend on the decisions of other countries that affect monetary policy, such as Mexico.

Therefore, if you are thinking about taking a mortgage loan, we advise you to do it with a fixed rate that allows you to:

  • Plan for the long term
  • Security in monthly payments
  • Tranquility to face a debt for years

Hiring a mortgage with a fixed rate offers peace of mind and stability when calculating the payment of the fee and can prevent us from falling into payment delays.

This method protects us from any type of volatility in the market, and above all offers certainty about what we will pay throughout the life of the loan.

Before hiring your mortgage at fixed interest rates, perform a simulation of the total cost to be taken into account.

Analyze the commissions, taxes, and other associated charges and choose a term that allows you to face an extensive debt, but at the end of the road, you will be rewarded with the dream of having your own home.


In our company, we offer a fix rate of 8.99%, with a 100% online process and free advice throughout the process.

We invite you to pre approve your mortgage credit in 3 minutes

It’s easy, fast and you do not need documents.