30 year fixed rate mortgages really aren't a market thing. They largely exist due to government support. If you are getting a conforming loan in the US - chan

30 year fixed rate mortgages really aren't a market thing. They largely exist due to government support. If you are getting a conforming loan in the US - chances are the federal government is buying that note via fannie or freddie and the bank simply services the loan for a fixed fee.