What is a fixed rate mortgage loan? A fixed rate mortgage means the borrower has the same monthly payments on the mortgage every month. Fixed rate mortgages are repaid within a specific time frame (10, 15, 20 or 30 years). Watch this Expert Real Estate Tips segment for all you need to know about fixed rate mortgages.
What Is A Fixed Rate Mortgage?
By Ilyce Glink| 2009-01-12T17:48:47-06:00 January 12th, 2009|
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