Ameriprise Financial, Inc., together with its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally.

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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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 ...

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