Fixed rate mortgages offer the homeowner a sense of security. With the election fast approaching, many financial experts expect an increase in interest rates. By choosing a fixed rate mortgage over an adjustable rate, you never have to worry about your payment increasing over the life of the loan. Unless you have the cash in the bank to completely payoff the mortgage, go with the conservative choice, and choose a fixed rate mortgage.

Jason Olson, VP Residential Lending, has been with Peoples Trust & Savings Bank for over 10 years. Throughout Jason’s time with Peoples Trust & Savings Bank, he has helped hundreds of families purchase homes, build their dream house, and refinance to better their financial situation. Jason is an industry expert, and is recognized by the Iowa Mortgage Association for outstanding loan production year after year. Let Jason and his team at Peoples Trust & Savings Bank help you finance your new home.