Conventional mortgages make up the majority of all home loans - about 64% in total. - Forbes
WHAT IS A CONVENTIONAL LOAN?
A conventional loan is a mortgage that is not insured by the government and typically follows Fannie Mae or Freddie Mac guidelines.
Are conventional mortgage rates fixed or adjustable?
Conventional loans may offer fixed-rate options such as 30 year mortgage rates, as well as adjustable-rate mortgages, depending on borrower qualifications.