Tanya Krishna is a business journalist with over 10 years of experience and currently is an Assistant Editor at FinancialExpress.com. She has a Masters degree in Journalism and Mass Communication.

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.

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(2) You are limited to two withdrawals a year or the rate drops (3) You are limited to three withdrawals a year or the rate drops (4) You are limited to four withdrawals a year or the rate drops ...

2 years 30 months 7.1 7.6 ...