10 Year Fixed Rate Mortgage
10 Year fixed rate mortgages are Fannie Mae 's flagship products, since many consumers prefer the stability of both a fixed interest rate and a fixed payment over the life of the loan.
Consumer Benefits
- Lock in a long-term interest rate with a stable, predictable monthly payment
- Borrowers who want to build equity faster should select the shortest loan term they can afford
2006 Conforming Loan Limits
Number of
UnitsMaximum original
principal balanceAlaska, Guam, Hawaii,
and U.S. Virgin Islands only1 $417,000 $625,500 2 $533,850 $800,775 3 $645,300 $967,950 4 $801,950 $1,202,925
