Fixed-Rate Mortgages
Say hello to regular payments and goodbye to rate fluctuations. A fixed-rate mortgage provides the comfort of consistency as you pursue your dream home.

Benefits & Features
- Competitive fixed interest rates
- Predictable monthly payments
- Variety of repayment period options
Residential Mortgages
A fixed-rate mortgage isn’t the only way to achieve your dream home:
Current Fixed Mortgage Rates & Terms
Work with our experts to choose a repayment period that’s right for you:
Frequently Asked Questions
What is a fixed-rate mortgage?
A fixed-rate mortgage is a type of residential loan that keeps your interest rate the same during the entire repayment period.
How does a fixed-rate mortgage work?
A fixed-rate mortgage is a type of residential loan that keeps your interest rate the same during the entire repayment period.
What’s the difference between a fixed-rate mortgage and a variable-rate mortgage?
Your interest rate doesn’t change with a fixed-rate mortgage. In contrast, interest rates change with the market for variable-rate mortgages.
Can you refinance a fixed-rate mortgage?
Yes, you can refinance a fixed-rate mortgage! Refinancing can be a great way to snag lower rates or adjust the repayment term to make your monthly payments even more manageable.
Can a fixed-rate mortgage change?
No, the only way a fixed-rate mortgage would change is if you decide to refinance. Otherwise, you can enjoy the peace-of-mind that comes with a steady interest rate that won’t change with the market.
What are the current fixed mortgage rates?
Check out our rates page (Opens in new tab) for the most recent information.
Should I get a fixed-rate mortgage?
That depends! If you’re all about stability and predictability, a fixed-rate mortgage can be your best pal. Chat with your Needham Bank experts so we can help you figure out what type of mortgage is best for you.

From Customers Like You
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Related Products
Fixed-Rate Mortgage Calculator
Wondering what your monthly payment might look like with a fixed-rate mortgage? Use our handy calculators to estimate your hypothetical Annual Percentage Rate (APR) based on your unique situation.
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